16-Dec-2009 3:11 PM

Delta forecasts USD1.1 billion net loss for 2009; US Airways, United Airlines tumble

Analysis

The majority of North and South American carriers stocks fell on Tuesday (15-Dec-2009), after IATA forecast further losses for airlines in 2010, despite the AMEX Airline Index currently up 50% year-on-year, in anticipation of an economic recovery in 2010.

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Delta forecasts USD1.1 billion net loss for 2009; US Airways, United Airlines tumble

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