Shares of largest US airlines rise with broader market; Southwest reports earnings ThursdayOctober 14th, 2009 Sector Snap: Airlines shares riseNEW YORK — Shares of the largest U.S. airlines rose Wednesday, helped by a rally in the broader market that pushed the Dow close to 10,000.
Stock of most major airlines up slightly in midday tradingOctober 13th, 2009 Sector Snap: Airlines shares mostly upNEW YORK — The stock of most major U.S. airlines rose slightly in midday trading Tuesday, bettering the slight decline in the broader market.
JetBlue, Lufthansa sign codeshare agreementAugust 31st, 2009 JetBlue, Lufthansa ink codeshare dealNEW YORK — JetBlue Airways and German air carrier Lufthansa have signed a codesharing agreement following the decision by Lufthansa's parent to buy a stake in JetBlue. Codesharing allows airlines to sell seats on each other's flights.
US Airways raising checked bag fee by $5 apiece, will charge for bags on international flightsAugust 26th, 2009 US Airways raising checked bag feesNEW YORK — US Airways said Wednesday it is bumping up its fees for first and second checked bags by $5 each, and is tacking on an additional fee for a second checked bag on trans-Atlantic flights. The Tempe, Ariz.-based airline will charge $20 for the first checked bag and $30 for the second, when bags are checked online.
Most airlines shares fall as broader market slides on economy worriesAugust 5th, 2009 Sector Snap: Most airlines lowerNEW YORK — Shares of most U.S. airlines fell Wednesday as the broader stock markets stalled, anxious about the nation's economy.
Correction: Airlines-Sector SnapJuly 22nd, 2009 Correction: Airlines-Sector SnapNEW YORK — In a July 21 story about the airlines sector, The Associated Press misidentified an S&P analyst. The analyst is Jim Corridore, not Marc Eiger.
Judge approves Republic Airways plan to buy Frontier Airlines; Aug. 10 deadline for other bidsJuly 13th, 2009 Judge approves Republic plan to buy FrontierNEW YORK — A bankruptcy judge on Monday approved a plan by Republic Airways Holdings to buy Frontier Airlines for $108.8 million, although other bidders could still come forward. Denver-based Frontier Airlines Holdings Inc.
Some routes not covered by antitrust immunity granted to Continental and other airlinesJuly 10th, 2009 Some routes not covered by antitrust immunityFederal regulators granted Continental Airlines Inc. immunity from antitrust laws to work with nine other airlines — letting them act as a single carrier on international service.
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.
Airline shares lower as broader market wobblesJune 23rd, 2009 Sector Snap: Airline shares lose more groundNEW YORK — Airlines shares lost ground again on Tuesday, as the broader market moved lower. The AMEX Airline Index lost about 2 percent, with 10 of 13 component stocks lower.
Rising oil prices and inflation concerns have investors sellingJune 10th, 2009 Sector Snap: Airline shares slideNEW YORK — Airline stocks dropped in Wednesday midday trading, as oil prices headed higher and investors grew wary of inflation waiting in the wings.a
The price of a barrel of crude gained $1.27 at $71.28 on the New York Mercantile Exchange. Stock indexes hovered just below Tuesday's close.
Airlines shares rise as investors see value, JPMorgan raises Continental to 'Overweight'June 2nd, 2009 Sector Snap: Airlines gainNEW YORK — Airline shares headed higher for a second day on Tuesday as investors scooped up shares beaten down in recent weeks, and set aside reports of lower traffic in May. The AMEX Airline Index rose 5.7 percent, with all 13 component stocks higher.
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.
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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