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Airline Biz Blog
Rising oil prices send airline share prices down, fares up
A quick estimate indicates that the bigger U.S. airlines shed well over $2 billion in market value Tuesday, as investors concluded that higher energy prices means lower airline profits.
Here's a chart showing the change from Monday's close to Tuesday's close. The market value is in millions.
Older news
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- 01.11.2011 22:39 | ‘Away We Go’, Away You Go!
- 23.10.2011 16:30 | Modern jets and vintage war planes thrill crowds at Alliance Air Show
- 23.10.2011 16:29 | Photos of Malaysian Airlines First Airbus A380 Taking Flight
- 23.10.2011 16:28 | Delta Offers Some Legroom for a Fee
- 23.10.2011 16:26 | Pilots, American Airlines to resume contract talks on Monday, Oct. 24
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