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JetBlue provides optimistic outlook; Continental Airlines net profit on the up; UPS gains

Analysis

North and South American airline stocks soared higher on Thursday (22-Jul-2010), after another day of improved financial results from carriers, including JetBlue, Continental Airlines and Alaska Air. Shares were also boosted by gains in the wider market, with the Dow (+2.0%) advancing on further better-than-expected earnings.

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