(AFX UK Focus) 2005-06-23 19:57 GMT: Wall Street airlines - Oil rally puts more pressure on airline stocks - UPDATE 1 (Interactive Investor)

SAN FRANCISCO (AFX) -- A surge in oil prices sank the airline sector on Thursday afternoon as crude's run past $60 a barrel to an all-time high stoked concerns about the impact of high jet-fuel prices. At last check, the Amex Airline Index fell 2.6% to 49.22 points.

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Posted June 23, 2005

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