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Soft outlook from Lufthansa stings airline stocks

Jun. 11, 2014 10:39 AM ETDeutsche Lufthansa AG (DLAKY) StockALK, HA, DAL, DLAKY, UAL, AALBy: Clark Schultz, SA News Editor9 Comments
  • A revised outlook from Lufthansa (OTCQX: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 (NYSE:DAL) -3.6%, Alaska Air Group (NYSE:ALK) -2.0%, United Continental (NASDAQ:UAL) -3.7%, Hawaiian Holdings (NASDAQ:HA) -2.5%, American Airlines (NASDAQ:AAL) -2.9%.

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