CS First Boston Cuts Airlines to 'Market Weight'

Analyst James Higgins notes a triple whammmy: Weak fundamentals, the risk of war with Iraq and pension funding issues

Credit Suisse First Boston downgraded the airline sector to market weight from overweight. CS First Boston cut its estimates on Alaska Air (ALK ), Northwest Air (NWAC ), Southwest Air (LUV ), Delta Air (DAL ), Continental Air (CAL ) and American Airl (AMR ).

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