Macquarie analyst Susan Donofrio is bullish on the airlines industry, according to an article in Barron’s. Donoforio said in a recent report that in “the past ten years, airlines have been good stewards of capital and have shown improvement as far as paying down debt and expanding earnings before interest, taxes, depreciation, and amortization margins when compared to other industries.” She adds to her positive outlook saying that “there could finally be a good chance of recognition of a healthier industry”, as she thinks the market hasn’t fully caught on to the fact that airlines have made significant strides from their poor reputations a decade ago.
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Read the full article, “Airline Stocks Really Are Different This Time, Analyst Says,” on Barrons.com.
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