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Fly News Breaks for August 7, 2017
SAVE, UAL, AAL
Aug 7, 2017 | 08:21 EDT
Bernstein analyst David Vernon says that American Airlines (AAL) is "most at risk" from United Continental's (UAL) price cuts. The analyst adds that Spirit (SAVE) will have to give its pilots a 60%-80% raise, possibly putting five to six percentage points of its margins at risk. Vernon keeps Market Perform ratings on American and United.
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