21-May-2009 1:30 PM
Delta falls despite JV. Allegiant, Alaska Air, GOL and COPA sink. Only WestJet makes a move.
Analysis
Delta (-2.7%) stocks fell yesterday, as did Allegiant (-6.9%, again the biggest loser), and Alaska Air (-4.9%). GOL (-4.4%) and COPA (-3.0%) lost on more negative sentiment in southern parts. Only Canada's Westjet (+4.1%) made a solid move upwards, as it announced its summer season routes and looked reasonably healthy. Otherwise the Dow took a late diversion downwards yesterday and oil prices threaten again on the high side, above USD60, airline stocks mostly languished.
Read More
This CAPA Analysis Report is 1,312 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |