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Vol. 24 No. 15 | Tuesday
March 25,
2025 |
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Julius Maldutis Dies |
Julius Maldutis, who many people rightfully believe was the grandaddy of all transportation analysts and unquestionably the greatest of all time for his industry-leading 26 years covering the airlines for Salomon Brothers Smith Barney, and then beginning in 1998 as Research Group Managing Director of CIBIC Oppenheimer, died at 2:37 pm Saturday March 15. Born June 26, 1938, Mr. Maldutis who was 86 years old lived quietly for years at home in Bayside, a neighborhood in Queens, New York City. But his expertise and total grasp of what the airlines thought and did and in many cases, should be doing, made him the go-to source on any financial situation or upheaval and a highly valued voice of reason. He often spoke out and stood for clear thinking in the financial transportation media blizzard. Mr. Maldutis could be found on The PBS News Hour, The Street, Journal Of Commerce and elsewhere, including addressing The Wings Club in New York, where the airline leaders have met and discussed business since 1941. Of Julius, Holly Hegeman of “The Street” wrote when he departed Smith Barney: “Maldutis was one of those Wall Street institutions who lent instant, incalculable credibility to the company's underwriting efforts. “And he could still move stock like no one else in the industry with his recommendations.” After writing this sad story we received many comments from the financial industry, which are included below. GDA |
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Publisher-Geoffrey Arend • Managing
Editor-Flossie Arend • Editor Emeritus-Richard Malkin |
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