05-Aug-2010 3:57 PM
ExpressJet to be acquired by SkyWest; Republic Airways profit down on acquisitions
Analysis
A slight majority of North and South American airline shares moved higher on Wednesday (04-Aug-2010) after SkyWest announced plans to acquire ExpressJet and wider markets advanced. Airline stocks were also boosted by a 0.1% decline in oil prices to USD82.47.
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