TWA/USAir will benefit
TWA and USAir will benefit most from the upcoming lapse of the 10% tax on passenger tickets, according to a Lehman Brothers analysis. Nearly 35% of TWA's and 29.4% of USAir's pre-tax earnings in 1997 will be attributable to the tax lapse if it lasts six months. Northwest (7.3%), American (8.5%) and...
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