Airline stocks frisky on AMR-US Airways settlement chatter

|By:, SA News Editor

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