6/19: UA Stock Up 24%, Most Others As Well — Civil Aviation Forum

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6/19: UA Stock Up 24%, Most Others As Well

Boston92 From United States, joined Aug 2006, 3343 posts, RR: 8
Posted (1 year 6 months 17 hours ago) and read 835 times:

For June 19, United (UAUA) opened at $6.50, and closed at $8.11, up $1.56 in one day. Pinncale seemed to be the only airline down:

US Airways Group, Inc. US Airways Group, Inc. NYSE LCC 3.54 * +0.53 (17.61%) 325.98M

AMR Corporation AMR Corporation NYSE AMR 6.31 * +0.85 (15.57%) 1.57B

Delta Air Lines, Inc. Delta Air Lines, Inc. NYSE DAL 6.38 * +0.93 (17.06%) 1.87B

Northwest Airlines Corporation Northwest Airlines Corporation NYSE NWA 7.52 * +1.04 (16.05%) 1.83B

Continental Airlines, Inc. Continental Airlines, Inc. NYSE CAL 15.59 * +2.15 (16.00%) 1.54B

Pinnacle Airlines Corp. Pinnacle Airlines Corp. NASDAQ PNCL 3.64 -0.06 (-1.62%) 65.76M

SkyWest, Inc. SkyWest, Inc. NASDAQ SKYW 15.29 +1.47 (10.64%) 892.21M

JetBlue Airways Corporation JetBlue Airways Corporation NASDAQ JBLU 4.30 +0.35 (8.86%) 1.16B

Alaska Air Group, Inc. Alaska Air Group, Inc. NYSE ALK 19.98 * +1.84 (10.14%) 727.28M

Republic Airways Holdings Inc. Republic Airways Holdings Inc. NASDAQ RJET 10.11 +0.74 (7.90%) 353.26M

[Edited 2008-06-19 14:31:46]

"Why does a slight tax increase cost you $200 and a substantial tax cut save you 30 cents?"

4 replies: All unread, jump to last

EXAAUADL From United States, joined Jun 2006, 4083 posts, RR: 1
Reply 1, posted (1 year 6 months 17 hours ago) and read 835 times:

oil prices fell $4 as China will finally increase the price of fuel

DeltaAVL From United States, joined Mar 2007, 1783 posts, RR: 10
Reply 2, posted (1 year 6 months 17 hours ago) and read 762 times:

Quoting EXAAUADL (Reply 1):
oil prices fell $4 as China will finally increase the price of fuel

Allow me to translate this nearly unreadable statement: Wink

The price of a barrel of oil fell $4 today because the middle eastern empires agreed to slightly lower the price of exported oil. Naturally, this is going to drive stock of any fuel-driven industry up.

But as I've said before, there will be no consistent airline stock rising until we see a breakthrough in energy/fuel production.

"We break, We bend, With hand in hand, When hope is gone, Just hang on." -Guster

United787 From United States, joined May 2005, 1470 posts, RR: 0
Reply 3, posted (1 year 6 months 15 hours ago) and read 660 times:

Quoting DeltaAVL (Reply 2):
But as I've said before, there will be no consistent airline stock rising until we see a breakthrough in energy/fuel production.

Or a sharp reduction in consumption, which may happen if the economies of the world tank...

People in the US are driving much less than they did last year and they are buying more efficient cars. The price of gas has fiinally gotten to point that is affecting the decisions people make. Watch as shipping increasingly switches to rail over truck, how people purchase more locally, how people fly less...all of these things will bring down consumption and after the Olympics in China, I think the economy there will slow significantly...

http://www.motorauthority.com/news/t...billion-miles-less-than-last-year/

"We're Generician Airlines, Nothing Special in the Air"

OPNLguy From , joined Dec 1969, posts, RR:
Reply 4, posted (1 year 6 months 15 hours ago) and read 608 times:

Perhaps it has something to to with this headline at Drudge...

SOUTHWEST, JETBLUE drop low-fare caps... Developing...

If true, that'd give SWA and B6 the ability to raise fares, and everyone else as well. Maybe that potentially improved revenue prospect is what's causing everyone to rise...

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