GOL and TAM soar, UPS increases earnings expectations for 4Q2009
The majority of North American carriers’ stocks were down on Friday (08-Jan-2010), while the majority of South American carriers were up with the wider economy. As a result, the AMEX Airline Index dropped 0.2%. Stocks were also dragged down by a rebound in oil prices, up 0.1%, to USD82.75.
