Airlines: What Will It Take to Get Them Flying Again?

UBS analysts Darryl Genovesi and Raymond Wong argue that airline stocks like Delta Air Lines (DAL) and United Continental (UAL) “can work” if passenger revenue metrics begin to turn around: Julio Cortez/Associated Press While the stocks have been weak in 2015, we see further downside as relatively modest as valuation multiples are already at post-financial [...]