SAN FRANCISCO (AFX) -- Led lower by Delta Air Lines and Northwest Airlines, airline stocks closed deep in the red Thursday afternoon following the Federal Open Market Committee's increase in interest-rates and the expectation that more hikes are coming.
Posted June 30, 2005
More Aviation News:« Prior Article: (AFX UK Focus) 2005-06-30 21:26 GMT: Broad post-Fed rate hike slide catches airline stocks (Interactive Investor)
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