04-Dec-2008 12:19 PM
Alaska Airlines shares soar on capacity cuts plan; North American airlines share prices
Analysis
North American airlines had another positive day on the stock market on 03-Dec-08 as the price of oil fell another 17 cents to USD46.79 per barrel - the lowest close in three and a half years. Southwest Airlines' shares retreated, as the plummeting value of its hedging contracts weighs on investors' minds.
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