21-Aug-2009 4:30 PM
Republic continues to rise; Expressjet falters on announcement of further funds for securities repur
Analysis
The majority of North and South American airline stocks were on the rise on Thursday (20-Aug-09), on the back of a rise in the broader market, due to a positive forecast of economic activity by The Conference Board and increased factory activity. As a result, the AMEX Airline Index (+2.1%) rose, as did the Dow (+0.8%) and oil prices (+0.2%), to USD72.54.
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