Longtime airline equities analyst Jamie Baker of JP Morgan has called on US legacy carriers to develop a new pricing model better able to cope with the roller coaster fluctuations in the price of oil. In a brief investment report on Tuesday, he wrote, "We can think of few consumer products that can be purchased up to 330 days prior to consumption, where the manufacturer or service provider has virtually no knowledge or control over their largest input cost [fuel]." His proposal ...

Subscribe to Access this Entire Article

"JP Morgan's Baker suggests airlines need to drastically change fare model" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.