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Tuesday, April 22, 2008

UAL, Jet Blue get slammed by fuel costs

Carriers report quarterly losses, UAL shares drop 35%
by Christopher Hinton & Shawn Langlois, MarketWatch

NEW YORK (MarketWatch) - UAL Corp. shares plunged 37% on Tuesday after the airline joined low-cost carrier JetBlue Airways Corp. in reporting first-quarter results that were severely harmed by 50% surge in jet fuel costs......read more

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