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Falling jet fuel prices could save airlines ~$5.5B, yet analysts have failed to recognize the...
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Friday, May 25, 2012, 8:38 AM ETFalling jet fuel prices could save airlines ~$5.5B, yet analysts have failed to recognize the sector's huge growth potential and continue to substantially undervalue airline stocks, J.P. Morgan says. The firm expects net profits to rise ~20% at Alaska Air (ALK), ~40% at JetBlue (JBLU) and Southwest (LUV), and over 50% at US Airways (LCC) and United Continental (UAL).
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