24-Aug-2010 3:58 PM

FedEx and UPS make gains; JetBlue sells out of jet pass; Allegiant plummeting

Analysis

North and South American airline stocks dived on Monday (23-Aug-2010) as the US market continued to be weighed down by concerns of the stability of the country's economic recovery. The Dow (-0.4%) declined as a result, despite news of planned mergers and acquisitions.

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FedEx and UPS make gains; JetBlue sells out of jet pass; Allegiant plummeting

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