07-Jun-2011 4:38 PM
Weak US markets pull down airline shares
Analysis
Weakness across US markets have pulled North and South American airline shares down, with US and Brazilian carriers among the worst affected despite an easing of oil prices below USD100 per barrel. Republic Airways shares fell 4.3%, US Airways was down 3.8% and American Airlines lost 3.7%, while GOL was also 3.7% lower and TAM lost 3.5%.
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