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US carrier stocks dragged down by Latin American carriers

12-May-2011 12:02 PM

US carrier stocks were dragged down by Latin American carriers on 11-May-2011 after Gol Intelligent Airlines lowered its operating profit margin because of higher fuel costs (Market Pulse, 11-May-2011). Shares of United Continental decline 1%, Delta Air Lines fell 1.5% and JetBlue fell 1%.