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25-Sep-2009 9:27 AM

Fitch: US airline industry remains fragile despite early indications of stabilisation

Fitch Ratings stated (24-Sep-2009) that beyond the "early indications of stabilisation" in the US airline industry operating environment, the sector remains "fragile and highly sensitive to changes in air travel demand and the price of jet fuel". Fitch stated it believes modest improvements in industry profit margins, cash flow and liquidity are more likely over the next year. [more]