23-Dec-2010 3:25 PM

TAM and GOL decline on strike threat; United Continental Holdings expecting improved PRASM

Analysis

TAM (-3.3%) and GOL (-2.5%) slumped on Wednesday (22-Dec-2010) leading the decline in North and South American airline stocks for the day. The Brazilian carriers were down after the country's pilots, flight attendants and ground personnel announced plans to strike on 23-Dec-2010.

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TAM and GOL decline on strike threat; United Continental Holdings expecting improved PRASM

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