Sign in

    Mike Linenberg

    Managing Director and Senior Airline Analyst at Deutsche Bank

    Mike Linenberg is a Managing Director and Senior Airline Analyst at Deutsche Bank, specializing in equity research on major airlines and aircraft leasing companies across the Americas. He consistently covers major airlines such as Delta Air Lines, SkyWest, and United Continental Holdings, delivering a profitable recommendation rate of 51% and average returns of 7.20% on TipRanks. Linenberg began his career in Merrill Lynch's Investment Banking Group before becoming Co-Head of Basic Materials and Industrials Research, later joining Deutsche Bank in May 2010. He holds a B.A. in Economics from Pomona College and has been recognized as a top analyst for over 20 years by Institutional Investor, Starmine, and was inducted into the Wall Street Journal Analyst Hall of Fame.

    Mike Linenberg's questions to SAVE leadership

    Mike Linenberg's questions to SAVE leadership • Q4 2023

    Question

    Inquired about the financing for new 2024 aircraft deliveries and the drivers behind the forecast for positive operating cash flow starting in March.

    Answer

    All 2024 aircraft deliveries are fully financed via sale-leasebacks or direct leases. The positive cash flow forecast is driven by an expected domestic market recovery, seasonal strength, and internal cost management initiatives, leading to expected positive margins in Q2, Q3, and Q4.

    Ask Fintool Equity Research AI