This was from the airlinenut.com/yahoo business news link:
"With shares near a 52-week low, capacity growth moderating, and a cost structure others airlines salivate over, America West now represents one of our top picks and our sole overweight-rated low-cost carrier," Baker wrote in a note.
America West also said it has not bid on the assets of bankrupt ATA Holdings Corp. (NasdaqNM:ATAH - News) although it continues to review the situation closely.
In a conference call with analysts and reporters, Chief Executive Doug Parker said he was confident that any bid by America West would be better for ATA employees and creditors than the current bid by AirTran Holdings Inc. (NYSE:AAI - News) But he said the carrier would not make a bid unless it could come up with one that did not put America West at risk.
"With shares near a 52-week low, capacity growth moderating, and a cost structure others airlines salivate over, America West now represents one of our top picks and our sole overweight-rated low-cost carrier," Baker wrote in a note.
America West also said it has not bid on the assets of bankrupt ATA Holdings Corp. (NasdaqNM:ATAH - News) although it continues to review the situation closely.
In a conference call with analysts and reporters, Chief Executive Doug Parker said he was confident that any bid by America West would be better for ATA employees and creditors than the current bid by AirTran Holdings Inc. (NYSE:AAI - News) But he said the carrier would not make a bid unless it could come up with one that did not put America West at risk.
