The rapid-fire drop in oil futures has the shares of airline companies racing higher on margins...

|By:, SA News Editor

The rapid-fire drop in oil futures has the shares of airline companies racing higher on margins optimism with a fresh round of fare increases sitting securely in their back pocket. As is often the case with fare hikes, Southwest Airlines stuck its toe in the water before the rest of the sector jumped in. Advancers: UAL +8.6%, LUV +1.9%, JBLU +4.2%, HA +3.3%, SAVE +6.5%, ALGT +3.5%, DAL +4.7%.