News that a World Airways flight has been grounded in Europe — possibly due to ash — seems to be whacking the industry.
Look how airline stocks are doing.
- Continental (CAL) down 4.3%
- Delta (DAL) down 5%
- American (AMR) down 7%.
- UAL (UAUA) down 3%.
Oof.
See here for the latest on the World Airways jet that’s been grounded.
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