United Airlines follows suit with baggage fees; FedEx and UPS fall
North and South America airline stocks rebounded on Wednesday (13-Jan-2010), with the AMEX Airline Index gaining 3.0%, as oil prices (-1.5%) retreated back below USD80, to USD79.59. Oil gained on news US inventories have grown in the last week, due to slowing demand. The fall in oil prices also assisted the wider market, pushing the Dow up 0.5%.
