Airline shares rise as Dow gets lift and oil prices fallSeptember 3rd, 2009 Sector Snap: Airline shares riseMINNEAPOLIS — Airline shares rose a little on Thursday as oil prices continued to bounce around $70 a barrel. Jet fuel is one of an airline's main expenses.
Airline stocks lose altitude as broader markets stallAugust 27th, 2009 Sector Snap: Airlines sputter as market waversNEW YORK — Airline stocks sputtered Thursday despite lower oil prices, as the broader market moved between losses and gains. Benchmark crude for October delivery fell $1.07 to $70.36 a barrel on the New York Mercantile Exchange.
Airlines up as oil falls again on government report showing rising crude suppliesAugust 26th, 2009 Sector Snap: Airlines up as oil falls againNEW YORK — Airlines were in the green again Wednesday, as oil prices continued to slip on government data showing that the nation's crude supplies are up — a signal that demand hasn't come back. Benchmark crude for October delivery fell 70 cents to $71.35 a barrel in trading on the New York Mercantile Exchange.
Several airline shares fall as oil prices climb slightlyAugust 10th, 2009 Sector Snap: Airlines fall as oil prices riseMINNEAPOLIS —Most airlines' shares fell slightly on Monday as oil prices rose. The Amex Airline Index was down 1.5 percent, with nearly all of its U.S.
Shares of major US airlines mixed as oil prices rise and broader market risesJuly 31st, 2009 Sector Snap: Airline shares mixedATLANTA — Shares of major U.S. carriers were mixed Friday as oil prices advanced.
Oil extends rally to above $67 in Asia as stocks jump, fueling optimism on economyJuly 31st, 2009 Oil extends rally to above $67 as stocks jumpSINGAPORE — Oil prices jumped above $67 a barrel Friday in Asia, extending a big rally from the previous day as surging stock markets fueled investor optimism. Benchmark crude for September delivery was up 62 cents to $67.56 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Shares of major US airlines mixed as oil prices rise and broader market risesJuly 31st, 2009 Sector Snap: Airline shares mixedATLANTA — Shares of major U.S. carriers were mixed Friday as oil prices advanced.
Oil hovers near $67 in Asia as optimism on economy sparks stock rallyJuly 31st, 2009 Oil hovers near $67 as US, Asian stocks jumpSINGAPORE — Oil prices hovered near $67 a barrel Friday in Asia after investor optimism about the economy fueled rallies in crude and stocks. Benchmark crude for September delivery was down 20 cents to $66.74 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
We will roll back price hike if crude prices stabilize: DeoraJuly 9th, 2009 NEW DELHI - Union Minister of Petroleum and Natural Gas Murli Deora on Thursday said that government will roll back the price hike of Rs 4 and Rs 2 a-litre on petrol and diesel respectively, if international crude oil prices stabilise between 50 to 60 dollars a barrel. "Yes, we will cut prices if crude prices stabilise for sometime between 50 and 60 dollars per barrel," Murli Deora said.
Airline shares make modest gains as jump in durable goods orders sends market higherJune 24th, 2009 Sector Snap: Airlines gain back some lossesNEW YORK — Investors on Wednesday picked up airline shares pushed down by a two-day sell-off. The broader stock market rose, with investors upbeat about a Commerce Department report saying durable goods orders rose 1.8 percent in May.
Aviation fuel prices raised again, air fares likely to riseJune 15th, 2009 NEW DELHI - State-run oil firms Monday hiked aviation fuel prices by over 12 percent following the rise in crude oil prices in the global market. Aviation turbine fuel (ATF) will now cost Rs.3,949 more in Delhi at Rs.36,252 per kilolitre, while in Mumbai it will rise to Rs.37,367 per kilolitre from Rs.33,260.8, a senior official of Indian Oil Corp (IOC) said.
New US jobs data sends oil prices above $70 per barrelJune 5th, 2009 Oil prices spike above $70VIENNA — Oil prices are spiking above $70 per barrel for the first time since October. Prices jumped after a U.S.
Airline stocks slide as broader market drops and investors head for the doorMay 11th, 2009 Sector Snap: Airlines fallNEW YORK — Most airline stocks lost ground Monday as investors cashed in and the broader market retreated. The Amex Airline Index lost 2 percent at midday, with 12 out of 13 components lower.
Airlines shares fall as oil prices climb and Fitch worries about access to creditMay 6th, 2009 Sector Snap: Airlines pull backATLANTA — Shares of U.S. carriers fell Thursday as the broader stock market pulled back and oil prices inched higher, continuing a rally that started earlier in the week.
Kingfisher Airlines hikes faresApril 18th, 2009 NEW DELHI - Kingfisher Airlines Saturday raised fuel surcharges by up to Rs.300 following successive rises in jet fuel prices. 'Consequent upon successive increases in ATF (aviation turbine fuel) prices, from midnight today (Saturday), the fuel surcharges of Kingfisher Airlines stands increased by Rs.200 for sectors below 750 km and by Rs.300 for sectors above 750 km,' a company statement said.
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