Credit Suisse analyst Jose Caiado started Alaska Air with an Outperform rating and $81 price target. The analyst names Alaska Air his top pick in U.S. Airlines. Caiado thinks there is "significant skepticism" around non-fuel unit cost trends owing to Alaska Air's slowing capacity growth. However, he is optimistic that the company can limit that inflation to 2% given a number of "underappreciated cost tailwinds."
Boeing (BA) is expected to report results on its fiscal first quarter on Wednesday, April 24, with a conference call scheduled for 10:30 am EDT. What to watch... To see the rest of the story go to thefly.com. See Story Here