Maxim Group initiates coverage for a group of airlines, believing "it will be possible for at...

|By:, SA News Editor

Maxim Group initiates coverage for a group of airlines, believing "it will be possible for at least three of the four legacy carriers (UAL, LCC and DAL) to produce earnings even in a slow economy," due to industry consolidation, cost-conscious management and other factors. Initiated at Buy: UAL, DAL, LCC, ALGT, ALK, HA, SAVE. Started at Hold: AMR, LUV, JBLU.