Airlines & Freight Equity Research Analyst

Morgan Stanley; New York (NY); On-site; USD 110,000 - 200,000; Full time

Job summary

Morgan Stanley’s Equity Research team in New York City is seeking an experienced Analyst/Associate to cover Airlines & Freight Transportation. You will build financial models, translate industry data into rigorous research, and maintain relationships with management and investors while leveraging AI-enabled tools for efficient analysis.

The team covers 30+ stocks and integrates thematic research on disruption like autonomous trucking, drones, and freight digitization, supported by a robust data

Qualifications

• 1–2 years of experience in equity research or investment banking.
• Experience or sector knowledge in airlines and/or freight transportation highly desirable.
• Advanced Excel proficiency required.
• Strong written and verbal communication; ability to present analysis clearly.
• Demonstrated interest in public markets and stock valuation.
• Comfort adopting AI-enabled tools with verification to protect data integrity.
• Attention to detail and accuracy.
• Ability to adapt quickly and work under pressure.
• Experience with Python is a plus but not required.
• CFA designation or progress toward CFA is a plus.

Responsibilities

• Create and maintain financial, valuation, and industry models using accounting, finance, and economics.
• Translate data into insightful research reports with clear investment debates and actionable stock calls.
• Develop and maintain relationships with management, investor relations, and industry leaders.
• Engage with institutional investors by addressing questions and discussing investment theses.
• Support internal sales and trading with timely sector analysis.
• Adopt AI-enabled tools to accelerate research while ensuring rigor and data integrity.
• Conduct industry diligence through surveys, calls, and channel checks.
• Collaborate with cross-functional teams to produce broader industry reports.

Skills

Financial modeling

Excellent communication

Self-starter

Public markets interest

AI-enabled tools adoption

Attention to detail

Ability to work under pressure

Independent thinking

Education

CFA designation (plus)

Tools

Excel

Python (plus)

Job description

Morgan Stanley’s Equity Research team in New York City is seeking an experienced Analyst/Associate to cover Airlines & Freight Transportation. You will build financial models, translate industry data into rigorous research, and maintain relationships with management and investors while leveraging AI-enabled tools for efficient analysis.

The team covers 30+ stocks and integrates thematic research on disruption like autonomous trucking, drones, and freight digitization, supported by a robust data