Airline stocks open weak with a new report from an industry group highlighting that profit...

|By:, SA News Editor

Airline stocks open weak with a new report from an industry group highlighting that profit margins on major carriers fell to -1.5% for the first half of the year, compared to -0.4% a year ago. The problem in a nutshell is that expenses in the sector keep outrunning modest revenue gains. Decliners: LCC -3.2%, UAL -1.8%, DAL -1.7%, LUV -1.5%.