A different scenario would have United (NASDAQ: UAL) and U.S. Airways (NYSE: LCC) merge to create the third-largest carrier in the world. But the merger would have a much tougher time jumping regulatory hurdles.
Absent a merger, some analysts, unlike Curtis, still like the industry. Jesup & Lamont managing director Helane Becker thinks airlines such as Continental (NYSE: CAL), Delta (NYSE: DAL), United, and American (NYSE: AMR) “will do fine.”
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- Claymore/NYSE Arca Airline (NYSEArca: FAA)
Sumin Kim contributed to this article.