09-Mar-2011 3:34 PM
US airline shares surge
Analysis
Shares in most US carriers rose sharply on Tuesday, led by an 11.8% jump in US Airways shares, as crude oil futures eased by nearly USD1 per barrel. Delta Air Lines shares rose 9.7%, with most US carriers up by more than 5%. Latin American airlines' shares also rallied but not as strongly. Copa and LAN both reported strong Feb-2011 traffic.
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