11-Apr-2011 3:42 PM
Airline stocks hit by fuel concerns; progress on LAN/TAM merger
Analysis
North and South American airline stocks suffered another day of heavy falls, led by Hawaiian Airlines, which dropped 6.1%, and United Continental, which was down 5.8%. The AMEX Airline Index dropped 2.6%, as crude oil climbed above USD112 for the first time since Sep-2008.
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