Maxim Group takes a swipe at the airline sector, slashing its estimate for Q3 profits to $2B...

|By:, SA News Editor

Maxim Group takes a swipe at the airline sector, slashing its estimate for Q3 profits to $2B from a previous level seen as coming in closer to $3B. While much of the focus has been the passenger market with its modest increase in demand, the cargo side of the business remains a drag.