FedEx reports 146% improvement in net profit; LAN looking to Peru for shareholders

North and South American airline shares were mixed on Thursday (18-Mar-2010), with the AMEX Airline Index (-0.2%) slipping, despite a drop in oil prices (-0.9%), to USD82.20 and another wider market rally. The Dow (+0.4%) rose for an eighth consecutive day, pushed higher by Boeing shares, after Bernstein Research stated the aircraft manufacturer’s B787 program appears to be making “substantial progress”.

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