02-Jun-2010 4:51 PM

Continental Airlines reports rise in load factor; US Airways identifies potential merger partners

Analysis

North and South American carriers' stock slumped on Tuesday (01-Jun-2010), on a decline in the market, with the Dow (-1.1%) falling on concerns over slowing manufacturing activity in Europe and China. The decline in airline stocks was despite a fall in oil prices (-2.8%) to USD72.58 per barrel.

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Continental Airlines reports rise in load factor; US Airways identifies potential merger partners

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