22-Sep-2010 3:29 PM
Atlas Air Worldwide Holdings raises earnings guidance; American Airlines expecting rise in RASM
Analysis
North and South American airlines stocks shot higher on the same day Atlas Air Worldwide Holdings raised its earnings guidance for FY2010 and IATA announced it expects airlines to report a combined net profit of USD8.9 billion for this year. The Dow (+0.1%) also rose after US Federal Reserve stated it may introduce further measures to stimulate the economic recovery.
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