United Continental and US Airways drop 4%, Gol and TAM advance


US airline shares were sold off yesterday, led by United Continental Holdings (-4.1%) and US Airways (-4.0%). United reversed the previous day’s gain following its release on Wednesday of a 9.75% to 10.75% increase in fourth quarter RASM.

Brazilian LCC Gol snapped recent losses, gaining 2.0%, as airline workers deferred planned strikes until next month, following a court ruling. TAM gained 1%.

North & South America selected airlines daily share price movements (% change): 23-Dec-2010

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More