UBS assumed coverage of American Airlines (AAL) with a Neutral rating and $16 price target The firm says supply and demand balance is the most important driver of airline RASM growth and margin performance, and expects the downshifting of supply growth from 5%- 6% in the first half of 2024 to 1%-2% growth in the second half to support an improvement in supply and demand which translates to stronger RASM growth and improving margins in 2025, the analyst tells investors in a research note….
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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