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Airlines rocked late as oil prices rally

Jan. 30, 2015 6:58 PM ETSkyWest, Inc. (SKYW) StockJBLU, LUV, ALK, RJETQ, SKYW, DAL, UAL, SAVE, AAL, VA, LTMAYBy: Carl Surran, SA News Editor29 Comments
  • Airline stocks took a beating in late trading today as crude oil futures surged 8% to pass $48/bbl, caused by a big drop in U.S. working rigs in the past week and a spike in ISIS attacks on oil-rich northern Iraq.
  • SKYW -7.8%, VA -7.6%, SAVE -7.1%, AAL -6%, DAL -5.8%, RJET -5.7%, UAL -5.6%, ALK -4.5%, LUV -3.8%, LFL -3.6%, JBLU -2.1%.

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