11-Jun-2009 11:45 AM

United, Continental, Delta follow AirTran down as oil price rises and hope fades. GOL, TAM positive

Analysis

United (-6.2%), Continental (-6.0%) and Delta (-5.1%) led the majors down yesterday, as sentiment softens and any serious hope of a bounce in demand appears remote. Only TAM (+3.1%) and GOL (0.8%) saw measurable gains, in the better performing South American economies.

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United, Continental, Delta follow AirTran down as oil price rises and hope fades. GOL, TAM positive

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