24-Jan-2011 3:31 PM
US Airways leads American carriers lower on Friday
Analysis
US Airways' shares retreated 4.1% on Friday, while American Airlines dropped 2.4% ahead of a busy week for earnings reports. United Continental, Alaska, US Airways, JetBlue and AirTran are all scheduled to report this week, and shares in each carrier fell on Friday, with the exception of AirTran (+0.1%).
Summary
- US Airways and American Airlines experienced a decline in shares ahead of a busy week for earnings reports.
- United Continental, Alaska, US Airways, JetBlue, and AirTran are scheduled to report their earnings this week.
- Shares in each of these carriers, except for AirTran, fell on Friday.
- The NYSE Airline index ended the session lower, with a 1.3% decline.
- US Airways' shares retreated by 4.1% on Friday, while American Airlines dropped by 2.4%.
- Investors are closely monitoring the earnings reports of these airlines for potential market impact.
The NYSE Airline index ended the session lower, falling 1.3%.
Selected North American airlines daily share price movements (% change): 21-Jan-2011
