Deutsche Bank to the rescue on airline stocks

|By:, SA News Editor

Deutsche Bank calls the airline stocks oversold after concerns on capacity and pricing took a toll on the sector.

The investment firm makes the key point that domestic carriers (ALGT, JBLU, RJET, SAVE, LUV) have been dragged down on global trends which don't impact them directly.

The long-term outlook by DB on big names such as American Airlines Group (AAL), United Continental (UAL), and Delta Air Lines (DAL) is also favorable with benefits from consolidation still due to roll in.