Last year, global airline profits ended up being lower than initially expected due to higher-than-anticipated jet fuel costs. Will 2019 be a repeat? Probably not, according to several financial analysts who track this market. “While a headwind in 2018, it has recently stepped back from highs, and we do not currently see higher fuel prices as a material risk in 2019,” says Ken Herbert, an aerospace and defense analyst for Canaccord Genuity. In late April, Herbert and his team ...

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