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Sector Snap: Airlines fall (AP: Wed, 27 Aug 2008 15:49:09 Etc/GMT) A big storm and a drop in crude oil supplies pushed oil prices up and sent airline stocks into a dive on Wednesday. Oil prices climbed on fears that Gustav, despite being downgraded from a hurricane to a tropical storm, could still hamper drilling operations in the Gulf of Mexico. |

S&P downgrades AirTran debt, upholds Delta rating (AP: Tue, 26 Aug 2008 20:33:48 Etc/GMT) Standard & Poor's Ratings Services on Tuesday downgraded the debt of AirTran Airlines' parent further into junk status while reaffirming its ratings on Delta Air Lines Inc. despite the likelihood that high fuel prices will cause a big loss for 2008. |

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Airline stocks fall as oil prices surge (at CNNMoney.com: Thu, 21 Aug 2008 18:15:00 Etc/GMT) Stocks for most major carriers slump as oil jumps by $5 a barrel; Southwest still protected by hedging. |

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