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US Airways and Continental down, US airlines report another month of revenue decline

Analysis

Mixed results for North and South American carriers on Friday (18-Dec-2009) pushed the AMEX Airline Index into negative territory, down 0.4% at the end of trading. The fall was the result of another gain in oil prices, up 1.4% to USD72.99. The wider market meanwhile gained slightly, with the Dow up 0.2%.

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