Someone's Going to Fly with Airline Stocks (AMR, CAL)

Travel Daily News reported yesterday that Continental Airlines (CAL) flew 9.4 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 14.6 percent and a capacity increase of 11.9 percent as compared to May 2005. April's reports were up 12% over April 2005.

American Airlines parent company AMR Corporation (AMR) stock jumped to the top of the 10-component index closing up 5.2% as the top percentage gainer for the Memorial Day weekend. I've been preaching: "Somebody's going to fly!"

CAL, AMR 1-yr Chart