FAA halts U.S. flights to Israel, but airline stocks mostly end higher


Delta Air Lines (NYSE:DAL), American Airlines (NASDAQ:AAL) and United Airlines (NYSE:UAL) halted flights to Israel for at least 24 hours under orders from the FAA after a rocket fell about a mile from Ben-Gurion Airport outside Tel Aviv.

The U.S. moves were swiftly followed by flight stoppages from most European carriers, including Lufthansa (OTCPK:DLAKF) and Air France (OTC:AFRAF).

Airlines' safety concerns are heightened after last week's downing of the Malaysian Air passenger jet over Ukraine.

Shares of DAL (+1.4%) and UAL (+2.3%) nevertheless ended with solid gains, and AAL finished with a small loss (-0.2%), as the feeling - for now - is that any revenue losses from canceled flights will be easy to make up.

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