08-Apr-2010 4:58 PM
US Airways and United Airlines in talks to merge
Analysis
North and South American carriers' stocks moved lower with the wider market on Wednesday (07-Mar-2010), following news US consumer credit fell by USD11.5 billion in Feb-2010. Shares were also down on continued concerns over Greece's ability to pay off its sovereign debt. The AMEX Airline Index was down 1.66% as a result, despite a 1.1% decline in oil prices, to USD85.88.
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