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Airline stocks lose altitude on concerns about capacity growth

2015-05-23 06:15:27| Airlines - Topix.net

Airline stocks, which have been soaring thanks to lower oil prices, hit a little turbulence last week as investors began to question network growth plans at the major carriers. Shares of the four largest U.S. carriers all lost around 10 percent of their value, with most of the stock price declines coming Wednesday, a day after several airline executives discussed capacity growth at an investor conference.

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