Allegiant to offer USD250 million in senior unsecured notes; AirTran staff planning strike action

North and South American carriers’ stocks declined on Tuesday (18-May-2010), again affected by a fall in the wider market. The Dow (-1.1%) moved lower after the US Securities and Exchange Commission proposed tighter regulations to prevent further “mysterious” free-falls in the stock market, like the one experienced on 06-May-2010.