11-Jan-2011 5:46 PM
US airline stocks trade lower; Delta backs Saudi Arabian Airlines for Skyteam
Analysis
US airline stocks were generally lower in US markets thanks to lower Dec-2010 traffic forecasts from several carriers last week, as a result of the poor holiday weather. Delta (-3.2%), Atlas Air (-1.8%), JetBlue Airways (1.4%) and American Airlines (-0.8%) all saw their stocks decline.
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