"If the proposed AMR transaction is ultimately abandoned, event-driven investors would likely exit the stock," McAdoo wrote in a report. "But since recent record operating results, even in light of a soft economic environment and with $100 a barrel oil, suggest strong 2014 free cash flow, we believe there will be meaningful renewed investor interest in a standalone US Airways."

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

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