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st in getting long the sector given the attrac=ive valuations, particularly as the majors are expected to produce record free cash flow this year. Delta Airlines is about 20% off from the September high (Source: Bloomberg, Oct-15, 2014) At the same time, the dramatic drop in oil prices will eventually feed i
volatility rising across equity markets. Details included below. Thank you, Vahe Forwarded by Tazia Smith/db/dbcom on 10/15/2014 10:46 AM Fr=m: Uzair Aqeel/db/=bcom@DBEMEA To: Nay Gupta/db/dbcom@DBEMEA, Vi=it Sahni/db/dbcom@DBEMEA, Date: 10/15/2014 08:38 AM Subject:<=ont size="3"> KCP Capital Marke
est in getting long the sector given the attrac=ive valuations, particularly as the majors are expected to produce record free cash flow this year. Delta Airlines is=about 20% off from the September high (Source: Bloomberg, Oct-15, 2014) At the same time, the dramatic dr=p in oil prices will eventually feed i
volatility rising across equity markets. Details included below. Thank you, Vahe Forwarded by T=zia Smith/db/dbcom on 10/15/2014 10:46 AM From: Uzair Aqeel/db/II IIPPIPM To: Nay Gupta/db/c Vinit Sah=i/db/ci Date: 10/15/2014 08:38 AM Subject: KCP Capital Markets Ideas - US Airli=es (IJ Classificat
est in getting long the sector given the attrac=ive valuations, particularly as the majors are expected to produce record free cash flow this year. Delta Airlines is about 20% off from the September high (Source: Bloomberg, Oct-15, 2014) At the same time, the dramatic drop in oil prices will eventually feed i
volatility rising across equity markets. Details included below. Thank you, =br> Vahe Forwarded by n 10/15/2014 10:46 AM - font size=3> From: Uzair Aqeel To: Nay Gupta/ Date: 10/15/2014 Subject: KCP Capital Markets Ideas - US Airli=es [Il Classification: For internal use only The equity sell-of
Entities connected to both Delta Airlines and Uzair Aqeel

Jeffrey Epstein
PERSON
Bloomberg L.P.
ORGANIZATION
American Airlines
ORGANIZATION
United Airlines
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATION
FDIC
ORGANIZATIONVinit / Nav's
ORGANIZATIONVahe Stepanian
PERSON
Deutsche Bank
ORGANIZATIONKCP Capital Markets Ideas - US Airli
ORGANIZATION