EdgeWater 10/15/2010 1:24:53 AM
News / Business

Airline Stocks Opens Mixed (AMR, DAL, LCC, JBLU)

Airline Stocks

AMR Corporation (NYSE:AMR) added 0.10% to $6.32. The company is all set to report third-quarter results on Wednesday, October 20, 2010. Analysts are estimating the company to report earnings of 35 cents a share on revenue of $5.84 billion.

The 52-week range of the stock is $5.11-$10.50.

Delta Air Lines, Inc. (NYSE:DAL) slid 0.69% to $11.50. Last week, the company said its total September traffic climbed 6.5% to more than 16 billion revenue passenger miles from 15.13 billion revenue passenger miles a year ago. Total September capacity rose 6.6% to 19.53 billion available seat miles from a year ago.

At current market price, the market capitalization of the stock stands at $9.07 billion. The stock went up more than 2% in the last one month of trading sessions.

US Airways Group, Inc. (NYSE:LCC) dropped 0.71% to $9.73. Last week, the company said that it flew fuller planes in September and expects to be profitable this year, as travel demand continues to show signs of rebounding.

Over the past 52-week, the stock had traded within the range of $2.82-$11.40 and is up more than 100% year-to-date.

JetBlue Airways Corporation (NASDAQ:JBLU) gained 0.30% to $6.62. The stock opened at $6.62. The stock went up more than 20% year-to-date.

JetBlue Airways Corporation is a passenger airline that operates primarily on point-to-point routes with its fleet of 110 Airbus A320 aircraft and 41 EMBRAER 190 aircraft.

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