Airlines Give Upbeat View Of Revenue Trends

Shares of airline stocks rose. Since a series of big mergers that started in 2008, airlines have kept a lid on flights, which helps keeps fares high enough to overcome higher fuel prices. American also said that it expects to post non-cash charges of up to $630 million in the second quarter to cover the tax effects of selling fuel-hedging contracts and its bankruptcy reorganization, which ended in December with the merger with US Airways.

Topics:  american   december   airways   airlines   
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