American airlines in decline: and fall

Premium Analysis

Yesterday, while Wall St finished steady after a turbulent and negative last week, key US airline stocks plummeted – again. US Airways, in the steepest nosedive, saw its shares decline 19.4%. But Northwest, United, Continental and Delta were not far behind, all well into double digit falls. US Airways shares have now halved in value in just over a month, off an already declining base.

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