Gains across the board in American airline shares, suppliers mixed
Airline shares in North and South America enjoyed rare across the board gains.
Continental Airlines enjoyed the biggest gain on the Wall Street casino yesterday, surging 14.5%, on the same day it launched daily non-stop services on the New York-Shanghai route - a rare new route to Asia for US carriers. Continental commenced non-stop New York-Hong Kong and New York-Beijing services in 2001 and 2005, respectively.
United Airlines gained 13.5% and Delta put on 10.6%b yesterday.
North & South America selected airlines daily share price movements (% change): 25-Mar-09
Shares in several aviation suppliers were also up strongly yesterday. AerCap shares gained another 9.4% after the previous day's 11% gain, while BE Aerospace and Embraer advanced 10.9% and 8.8%, respectively.
Selected Aviation suppliers daily share price movements (% change): 25-Mar-09