Airlines Soar As Oil Retreats
Shares of United Air Lines parent UAL Corp. (Nasdaq: UAUA) leaped $2.95 to close at $10.30, US Airways Group Inc. (NYSE: LCC) surged $1.49 to close at $6.78 and American Airlines parent AMR Corp. (NYSE: AMR) soared $2.02 to close at $10.80 after crude oil prices retreated to a 14-month low of $69.85 per barrel.
