Airline stocks frisky on AMR-US Airways settlement chatter

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

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Comments (2)
  • mehedi
    , contributor
    Comments (13) | Send Message
    This is gonna be a zero and hero. Don't put your self into a immediate hole...think abt tht ...if u take a risk then.choice is be care ful with your money
    12 Nov 2013, 01:21 PM Reply Like
  • aaretired
    , contributor
    Comments (31) | Send Message
    Great advice!!
    12 Nov 2013, 09:24 PM Reply Like
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