16-Mar-2011 4:53 PM
Falls in North American airline shares continue
Analysis
Summary
- North American airline share prices experienced sharp falls, but the decline eased on Tuesday.
- Airlines listed in the US and Canada saw their shares down almost across the board.
- WestJet's shares dropped by 2.6%, while Delta Air Line's shares fell by 1.9%.
- US Airways and Hawaiian Airlines saw an increase in their stock prices.
- GOL, a carrier, reported a 4.5% increase in traffic and a 0.5ppt improvement in load factors.
- These are the selected daily share price movements as of 15-Mar-2011.
Stock prices were up at US Airways and Hawaiian Airlines, while GOL gained 3.9%. The carrier reported a 4.5% increase in Feb-2011 traffic and a 0.5ppt improvement in load factors.
Selected AAD daily share price movements (% change): 15-Mar-2011