(AFX UK Focus) 2005-03-30 22:56 GMT: Wall Street airlines - Airline stocks close higher as oil prices decline - UPDATE 1 (Interactive Investor)

SAN FRANCISCO (AFX) -- The airline sector rallied Wednesday after an upgrade of American Airlines' parent and growing optimism about industry revenue and cooling oil prices. The Amex Airline Index ended up 5.2 percent to 49.78, breaking the streak of two days of declines this week.

Read More...


Posted March 30, 2005

More Aviation News:

« Prior Article: FAA Gives Grand Canyon Aircraft New Rules (AP via Yahoo! News)

Aviation News Home: Aviation News and Commentary

Next Article: Airline Shares Up And Away (Forbes)»