Airline shares descend as oil prices rebound
By Christopher Hinton, MarketWatch
Last Update: 6/20/2008 3:13:00 PM
NEW YORK (MarketWatch) — Airline stocks were declining Friday on rebounding oil
prices.
The Amex Airline Index (XAL) slipped 7.5% to 17.99 points with all of its 14
components in the red. The index climbed more than 10% in prior-day trading after
China said it would [...]
WSJ BLOG: Can British Airways Save American Airlines?
Last Update: 6/20/2008 3:36:22 PM
(This story has been posted on The Wall Street Journal Online’s Deal Journal blog
at blogs.wsj.com/deals.)
Posted by Heidi N. Moore
The answer to that question, by the way, is “probably not.”
Call it the consolidation that wasn’t.
After Delta Air Lines Inc. (DAL) and [...]
UPDATE: Contl Air Bd Supports Mgmt Recommendation To Not Merge
Last Update: 4/27/2008 8:29:20 PM
DOW JONES NEWSWIRES
Continental Airlines Inc. (CAL) on Sunday said its board met earlier today and
unanimously supported management’s recommendation to not merge with another
airline at this time.
Continental said its board very carefully considered all the risks and benefits
of a merger and determined that [...]
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