New Airline Risks: Global Strife & High Oil (LUV, AMR, UAL, DAL, LCC, FAA, RYAAY)

Southwest Airlines Co. (NYSE: LUV) was down 5.5% at $11.88 late in the session on more than double normal trading of over 12.3 million shares.

AMR Corporation (NYSE: AMR) was down over 6% at $6.99 on about 250% of normal volume with over 25 million shares traded.

United Continental Holdings (NYSE: UAL) was down 9.6% at $24.33 on nearly triple volume of 13.3 million shares.

Delta Air Lines Inc. (NYSE: DAL) was down 7.2% on about 250% of normal volume with more than 31.8 million shares late in the day.

US Airways Group, Inc. (NYSE: LCC) was down 6.15% at $9.12 on more than triple volume of over 18 million shares late in the session.

JetBlue Airways Corporation (NASDAQ: JBLU) was down 6.5% at $5.70 on near-double volume with more than 9.1 million shares having traded late in the session.

Guggenheim Airline (NYSE: FAA) was down 5.4% at $37.05 right before the close on about quadruple normal volume of over 83,000 shares.

One standout shocking drop, due to how small of a drop was seen, was Ryanair Holdings plc (NASDAQ: RYAAY) with shares down only 2.3% at $29.51 late in the trading day.  Its volume was not even above 100% at 395,000 with about 20 minutes to close.

JON C. OGG

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