Hawaiian Air, jetBlue, United recover as Wall Street stops slide, carriers report strong traffic
America’s airlines, as expected, are mostly reporting improved traffic figures for the month of Jun-2010 and, with load factors climbing, most are also reporting higher revenue per ASM. The Dow Jones Index moved up a modest 0.6% on Friday 9-Jun-2010, but this was welcome respite after a series of downward movements, as most stocks hovered around static. As always, airline stocks exaggerated the wider market’s movement.
