Tag: Airline Stocks
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Adventures of Link: Wall Street Meltdown Good for Airlines
So today's cataclysmic Wall Street meltdown wasn't really that bad. Of course, there's still plenty of turmoil in the financial markets--and who knows what could happen tomorrow!
But at least one sorry bunch of losers managed to have a good day: Airline stocks as a whole were actually up today. (Most that lost value did better than the market at large.) We're not stock brokers, but $94-a-barrel oil has got to be part of the reason why.
Maybe now that its stock price is going back up, United can cut back on baggage fees? Nah!
Related Stories:
· Airline Stocks by Percent Change [Google Finance]
· Oil Prices Plunge Five Dollars on US Financial Meltdown [AFP, via Google]
· Airline Stocks Lifted by Oil Price Decline [MarketWatch]
· United Doubles Second-Bag Fee to $50 [Reuters]
· Airlines coverage [Jaunted]

