25-Nov-2009 2:30 PM
US Airways improves near-term and future liquidity; Continental and Expressjet fined
Analysis
The majority of North and South American carriers' stocks were down with the wider market on Tuesday (24-Nov-2009), following reports of slowing economic recovery and lukewarm consumer confidence. As a result, the AMEX Airline Index was stationery, as the Dow fell 0.2%. Airline stocks were further deteriorated by another rise in oil prices (+0.4%), to USD77.74.
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