Loading

Mixed day for US airline stocks, Latin American carriers finish higher

Analysis

Shares in listed airlines in the Americas had another mixed day, although the sharp falls seen earlier in the week due to uncertainty over rising oil prices have eased. Brazilian carriers GOL and TAM both gained 4.2%, while United Continental shares were up 5.8%.

Summary
  • Shares in Brazilian carriers GOL and TAM gained 4.2% amid easing concerns over rising oil prices.
  • United Continental shares were up 5.8% in the Americas airline market.
  • Hawaiian Airlines experienced a significant drop for the second consecutive day, with shares falling 5.9%.
  • The overall performance of listed airlines in the Americas was mixed.
  • Earlier sharp falls in airline shares due to uncertainty over oil prices have eased.
  • These share price movements were observed on 25th February 2011.

Shares in Hawaiian Airlines fell heavily for the second day, down another 5.9%.

Selected AAD daily share price movements (% change): 25-Feb-2011

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More