17-Sep-2009 2:35 PM
Ten rises in a row! Delta to launch private offering; United expects smaller RASM decline
Analysis
The AMEX Airline Index (+1.4%) has risen for its tenth straight day, despite an increase in oil prices (+2.2%), to USD72.51. Stocks were assisted by a rise in the wider market, with the Dow (+1.1%) rising on the back of the Federal Reserve's announcement that industrial activity rose 0.8% in Aug-2009, which was better than previously forecast.
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