US Airways announced it has signed a multi-year distribution agreement with Travelocity. The carrier's full range of content will be offered through the Sabre Holdings global distribution system. Shares in US Airways finished 7.7% lower on Tuesday, leading a decline in US airline stocks.
Delta finished yesterday 5.6% lower, while Republic Airways was 4.9% down. American Airlines shares fell 2.7%. The carrier announced plans to slow its capacity growth in 2011, due to higher fuel prices.
Selected AAD daily share price movements (% change): 01-Mar-2011
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