11-May-2010 2:43 PM
United Airlines PRASM gains 23-24% in Apr-2010; JetBlue also reports improved PRASM
Analysis
North and South American carriers' stocks soared on Monday (10-May-2010), moving with the wider market, after European leaders agreed to an emergency bailout package worth almost USD1 trillion for countries shut out of credit markets. Consequently, the Dow (+3.9%) soared, pushed higher by the banking sector, as did the AMEX Airline Index (+7.0%).
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