17-Dec-2010 5:13 PM
American Airlines expects increase in traffic next year; US Airways and Delta Air Lines decline
Analysis
American Airlines (+3.7%) was the biggest gainer on Thursday (16-Dec-2010) after announcing it expects fuel costs to be higher this year, but also expects a rise in passenger traffic. The carrier expects to spend USD6.4 billion of fuel this year, compared with USD5.6 billion in 2009. Passenger traffic (RPMs) are expected to rise 3% year-on-year for American Airlines and 7% for American Eagle.
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