MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Airline stocks took an early turn into positive territory Monday, led by 3% gains for American Airlines parent AMR Corp. and US Airways Group . The Amex Airlines Index was ahead 1.5% in early trades at 37.04 points, drawing strength from lower fuel prices to outpace a 0.6% rise in the broader equities market. Volume is likely to be light in the shortened pre-holiday session, which wraps it all up ahead of Christmas at 1 p.m. Eastern Time.
Crain's Chicago Business Weekly Edition
United Airlines' West Coast stronghold is under assault by low-price competitors, putting pressure on fares at a time when United desperately needs to raise prices to offset fuel costs. This year Virgin America, JetBlue Airways Corp. and Southwest Airlines Co. have launched service at San ...