Airline Stocks Rise With Broad Market (LCC, DAL, AMR, CAL, UAUA)

Airline stocks opened higher with the wider market following the number of people applying for unemployment benefits fell 6,000 in the week ended March 27 to a seasonally adjusted 439,000, according to the Labor Department.

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US Airways Group, Inc. (Public, NYSE:LCC) is the biggest percentage gainer and jumped 1.40% to $7.45 in the morning session. So far this year, the stock has rallied over 52%.

Delta Air Lines, Inc. (NYSE:DAL) rose 1.40% to $14.79 on high volume. So far in the year 2010, the stock has jumped about 30%.

AMR Corporation (NYSE:AMR) fell marginally to $9.10. Over the past one year, the stock has outperformed the broader market and jumped over 170%.

Continental Airlines, Inc. (NYSE:CAL) climbed 1.18% to $22.22 on low volume. So far this year, the stock has climbed over 24%.

UAL Corporation (Public, NASDAQ:UAUA) also rose 0.40% to $19.63.

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