Solid macro fundamentals combined with capacity pressure created by the Boeing 737 MAX grounding have set US airlines up for a strong summer season, analysts at Cowen & Co. project. "With moderate capacity growth and strong demand trends, the airlines are seeing improved pricing heading into the peak travel season,” Cowen wrote in a recent research note. US airlines bolstered their positions with a $5 one-way increase in early May that was started by Dallas/Fort Worth-based ...

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