US airline shares end week lower


US airline shares fell again on Friday, with the NYSE Arca Airline Index finishing the week 2.9% lower. The heaviest falls on Friday were from some of the largest US carriers, with American Airlines down 3.9%, Delta losing 3.4% and United Continental down 3.3%. The sole carrier to go against the trend was Southwest Airlines, with the LCC up 0.2%.

Allegiant Air reported the following traffic highlights in Feb-2011:

  • Passenger numbers: 445,476, +3.0% year-on-year;
  • Passenger load factor: 89.4%, +1.2 ppts;

Air Canada reported the following traffic highlights in Feb-2011:

  • Revenue passenger miles: +3.7% year-on-year;
  • Passenger load factor: 75.9%, -2.5 ppts;

Selected AAD daily share price movements (% change): 04-Mar-2011

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