Soft outlook from Lufthansa stings airline stocks

|By:, SA News Editor

A revised outlook from Lufthansa (DLAKY) is pressuring other airline stocks today.

Pricing competition from Middle East carriers on long hauls to and from Europe is a rising concern for Lufthansa and creating a ripple effect for other routes.

Decliners: Delta Air Lines (DAL) -3.6%, Alaska Air Group (ALK) -2.0%, United Continental (UAL) -3.7%, Hawaiian Holdings (HA) -2.5%, American Airlines (AAL) -2.9%.