- Airline stocks are higher on chatter that a settlement between US Airways and AMR (AAMRQ) is close to being finalized.
- The industry for the most part would like to see the American-US Airways merger go through as it would make it easier to keep capacity discipline in line than if American emerged from bankruptcy as a feisty stand-alone.
- Advancers: US Airways (LCC) +2.7%, United Continental (UAL) +2.8%, Delta Air Lines (DAL) +1.7%, JetBlue (JBLU) +0.9%, Alaska Air Group (ALK) +0.9%.
- Related ETFs: IYT
Airline stocks frisky on AMR-US Airways settlement chatter
Nov 12 2013, 10:25 ET