Airline shares fall, led by American parent AMRSeptember 22nd, 2009 Sector Snap: Airlines shares fallNEW YORK — Airline stocks fell Tuesday, led by the parent of American Airlines, which announced it would issue new stock and debt to build up its cash reserves. The Amex Airlines Index, which has rallied in the past two weeks, fell 1.3 with 10 of its 13 component stocks lower in late-morning trading.
Airline trade group says US carriers' August revenue fell 21 percent from August 2008September 21st, 2009 Airline trade group says August revenue fell in USWASHINGTON — A U.S. airline trade group said Monday that its members' passenger revenue fell 21 percent in August over year-earlier results as carriers dropped prices by double-digit percentages and passenger volume continued to fall.
Airline shares fall as investors cash in after steady climbSeptember 18th, 2009 Sector Snap: Airlines shares sagNEW YORK — Investors sold off airline shares Friday morning as the broader market managed some small gains. Airline stocks have been steadily rising over the past couple of weeks along with the rest of the market as hopes grow for an economic recovery.
Airlines don't move much, despite jump in oil prices back above $71 a barrelSeptember 8th, 2009 Sector Snap: Airlines shrug off oil price jumpMINNEAPOLIS — Airline investors didn't seem to mind that oil prices jumped on Tuesday. Airline shares have often moved opposite of oil prices, since jet fuel is one of an airline's biggest expenses.
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 shares fall as broader stock market plungesSeptember 1st, 2009 Sector Snap: Airline shares downATLANTA — Despite a drop in oil prices, airline shares fell Tuesday as the broader stock market plunged. Benchmark crude for October delivery fell $1.91 to settle at $68.05 a barrel on the New York Mercantile Exchange.
Airline stocks rise on gains in broader market, dip in oil pricesAugust 20th, 2009 Sector Snap: Airline stocks riseNEW YORK — Shares of the largest U.S. airlines rose on Thursday as investors grabbed at signs that the economy might be improving.
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.
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.
Airline shares slide after weak earnings, no pick-up in demand on the radarJuly 21st, 2009 Sector Snap: Airline shares fallATLANTA — Airline shares fell Thursday as oil prices ticked higher and the broader stock market was hammered. In afternoon trading, the Dow fell 146.47 points to 9,565.81.
Comair president tells workers at regional airline to expect more layoffsJuly 7th, 2009 More layoffs expected at ComairCINCINNATI — Comair's president has told workers at the regional airline to expect more layoffs in the wake of parent company Delta Air Lines' announcement that service cuts are coming in September. Comair President John Bendoraitis (Behn-dohr-REYE'-tis) said in a companywide memo late Monday that more furloughs will be unavoidable at the Erlanger, Ky.-based airline.
Most airline shares rise as broader stock market heads higherJune 29th, 2009 Sector Snap: Most airline shares higherATLANTA — Despite a rise in oil prices, airline shares were mostly higher Monday as the broader stock market was up. The AMEX Airline Index rose three-quarters of 1 percent in afternoon trading.
Airlines mostly lower as oil, broader market dropJune 12th, 2009 Sector Snap: Airline shares mostly lowerATLANTA — Airline shares were mostly lower Friday as oil prices took a breather and slid lower and the overall market declined. Benchmark crude for July delivery fell 77 cents to $71.91 on the New York Mercantile Exchange, the first time oil prices have fallen in several days.
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.
Airlines shares climb, as investors find encouragement in manufacturing numbersMay 1st, 2009 Sector Snap: Airline shares higherNEW YORK — Airline shares headed higher in Friday midday trading, as investors focused on economic data and set aside swine-flu worries. The AMEX Airline Index rose 2 percent, with 12 of 13 component stocks up.
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