20-Nov-2009 3:30 PM
American and Continental raise fuel surcharges; Conference Board states economy on the mend
Analysis
The AMEX Airline Index dropped (-1.9%) on Thursday (19-Nov-2009), as the majority of North and South American carriers witnessed a fall in stock prices, despite a 2.7% reduction in oil prices, to USD77.46. The wider market was also weaker, with the Dow ending trading down 0.9%.
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