Wall way Analysts Sour On U.S. Airlines, Forecast Sharp Declines
Apr 16 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- A bleak financial picture of the airline industry is being painted by top Wall road analysts who forecast large first quarter operating losse a poor view for the June quarter, a sharp decline in profits for the entire year and a "negative credit outlook" in the near coming events
On April 12 UB Warburg released a report for the March quarter forecasting a $750 million operating los for the 10 major airlines, the