TAM gains on improved domestic and international traffic; LAN to launch Santiago-Paris service
North and South American carriers’ stocks soared on Wednesday (14-Apr-2010), boosted by continued talk of a merger between United Airlines and US Airways or Continental Airlines and gains in the wider market. The Dow (+0.9%) was up on strong earnings results from Intel, JPMorgan Chase & Co and CSX Corp. Sentiment was also boosted by a 1.6% rise in retail sales for Mar-2010.
