Veteran airlines analyst joins Imperial Capital team

Longtime airlines industry analyst Michael Derchin has jointed the Imperial Capital LLC team as as managing director and senior equity research analyst, the company said.

Derchin was most recently at broker-dealer Sterne Agee CRT. His research associate there, Adam Hackel, is also moving to Imperial.

The company said the hires reestablish Imperial´s commitment to equity research in the airline industry. The company said the airline industry remains a key industry vertical for Imperial Capital.

Imperial Capital is an investment banking firm and securities brokerage with a focus on the below-investment-grade debt markets for institutional clients.