Derchin said he sees industry profit of $3.9 billion in 2012 and $4.9 billion in 2013. His buy-rated stocks, in order of risk/reward, are Alaska (ALK), Delta, Southwest (LUV), United, JetBlue (JBLU) and US Airways.
Despite their generally favorable long-term outlooks, airline analysts have been reducing estimates over the past few months.
-- Written by Ted Reed in Charlotte, N.C.>To contact the writer of this article, click here: Ted Reed
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