Week
of 17 January : Although American and Continental reported awful
fourth quarter results this week, they had generally been anticipated and
the market scarcely blinked.
Week
of 10 January : A mixed week for the market as a whole and not
very good for the airlines. And Southwest continues to slip on the
three month chart, now coming in at number four position - only United has
fared worse.
Week
of 3 January : Another great week for the airline stocks and the
market as a whole. In a surprise move, Northwest has displaced
Southwest as the best performing stock over the last three months.
Southwest remains the clear leader over the 1 and 5 year time frames.
Week
of 27 December : As the year comes to a close, the Dow is
happily back over 10,000 and the airline index halfway back to its pre-Sep
11 levels.
Week
of 20 December : Renewed labor problems at UAL saw its stock
drop, while an announcement of continued growth plans at LUV saw its
shares once more point upwards.
Week
of 13 December : American Airlines announced that their 4Q and full
year losses would be very very big. And so its share price
increased!
Week
of 29 November : This week's big movement was with a non-tracked
stock, US Airways, that registered a sharp drop with the resignation of
CEO Rakesh Gangwal. Something also happened to the charting program
and Continental doesn't appear on the charts this week.
Week
of 22 November : Airline stocks took a sharp decline in the last
week for no immediately obvious reason. Northwest drew ahead of
Delta on the 3 month and one year charts.
Week
of 15 November : The American Airlines tragedy in New York on
Monday caused a drop in all airline prices, but by the end of Thursday, AA
was back above its price prior to the accident on Monday morning. |