09-Sep-2009 4:10 PM
TAM and American lead carriers on the rise; Copa slips on fall in load factor
Analysis
The majority of North and South American stocks ended trading up on Tuesday (08-Sep-09), as markets generally performed solidly and following Airbus' forecast passenger traffic would improve in 2010 and 2011. The AMEX Airline Index (+0.9%) consequently rose, while the Dow (+0.6%) also gained. The rise in stocks came despite an increase in oil prices (+4.6%), to USD71.10.
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