Continental, Delta American Airlines and United Airlines stocks rise
Investor enthusiasm may be dented however as Continental kicked off the traffic reports with confirmation yields remain heavily depressed, despite strong load factors.
Elsewhere, Gol advanced 1.8% as Banco Santander SA stated the airline’s profit growth may accelerate in 2H2009 and recommended GOL’s shares over larger rival TAM. Investors appear to disagree, sending TAM’s shares up 3.9% yesterday.
North & South America selected airlines daily share price movements (% change): 01-Jul-09