Patient investors are likely to be rewarded by US airlines in the long run despite near-term negative unit revenue trends and sluggish stock price growth, two leading industry analysts predicted. US airlines continue to be strongly profitable and are operating at healthy profit margins, but unit revenue, as measured in PRASM, has been declining year-over-year, quarter after quarter. Shrinking PRASM has driven US airline stock prices down, which Wolfe Research managing director and senior ...

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