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Frontier reports seventh consecutive monthly load factor record; Delta completes debt reduction

Analysis

North and South American airline shares rebounded on Tuesday (05-Oct-2010) as a number of carriers reported improved traffic data for Sep-2010 and US markets rallied to a five-month high. The Dow (+1.8%) rose after news the services sector expanded at more-than-expected pace for Sep-2010 and Bank of Japan announced plans to stimulate economic growth.

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