Business news with words barrel+plans+san. 3 news.

SAN FRANCISCO (MarketWatch) -- Airline stocks jumped at the open Wednesday, buoyed by investor enthusiam for the Federal Reserve's plans to inject cash into the markets through auction of short-term funds. The Amex Airline Index gained 1.6% with all but three stocks in the benchmark index rising. The sector shrugged off a climb in crude oil prices. The January futures contract rose $1.29 to $91.29 a barrel. Shares of regional carriers posted the biggest gains. AirTran Holdings jumped 4% to $8.50 while ExpressJet Holdings gained 4.3% to $2.66.

SAN FRANCISCO (MarketWatch) -- Airline shares extended losses Tuesday, led by a 6.6% drop in the shares of Delta Air Lines, Inc. and a 4.8% drop in the shares of AMR Corp. . Southwest Airlines Co. shares tumbled 1.7% after the discount airline company said it was trimming capacity growth plans for next year to a range of 4% to 5%. UAL Corp. fell 3%; late Monday the parent of United Airlines said that airline traffic fell 1.4% as capacity slipped 1.3%, driving its load factor down to 79.6%. Crude oil futures traded lower, down $1.11 at $88.20 a barrel, while the major indexes also fell.

SAN FRANCISCO (MarketWatch) -- Airline shares slid at the open Thursday as rising crude oil prices again pressured the sector. The Amex Airline Index fell 1.5% in opening trade with all but two of the benchmark index's 14 stocks trading lower. Among the hardest hit, US Airways Group, Inc. shares and Continental Airlines, Inc. shares fell about 5% each. SkyWest, Inc. shares broke with the trend, rising 2.4% to $26.30 after the St. George, Utah operator of regional airlines reported third-quarter net income rose 5.5% on 11% higher revenue and said it plans to buy back another 5 million shares. Crude oil futures were up 93 cents at $97.30 a barrel.