10-Dec-2010 3:54 PM
Fitch Ratings forecasts steady recovery stead recovery in Business demand; LAN and JetBlue gain
Analysis
North and South American airline stocks gained on Thursday (09-Dec-2010) after Fitch Ratings released its outlook for US airlines. According to the report, continued positive trends in passenger yields and unit revenue linked to the steady recovery of high-fare business travel demand are the critical drivers of credit quality improvement for the sector in 2011.
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