Airlines: Time to Unleash ‘Cash Flow Hell’

Wolfe Research’s Hunter Keay and team contend airlines stocks–including American Airlines (AAL), Delta Air Lines (DAL) and United Continental (UAL)–will either get a boost from better passenger revenue metrics or increased share buybacks. They explain why: Associated Press We believe investors don’t really care about share buybacks… yet. And that’s totally understandable given the buybacks [...]