Aerospace stocks are likely to benefit from the ongoing recovery in global traffic and yields, says a new report from analyst Jefferies. “While it is clear that the market for business jets is improving, with year-over-year departures up by a low double-digit rate, it is also fair to say that the pace of change is moderating as one can compare the most recent monthly numbers with the six month data,” writes analyst Howard Rubel. “Departures are also about 20% or so below the peaks of ...
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