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BUZZ-US airline stocks fall as oil prices rise

ReutersJan 13, 2025 3:38 PM

** Shares of U.S. airlines lower as oil prices increase for third session on Monday

** Brent crude rises above $80 a barrel to its highest in more than four months, driven by wider U.S. sanctions on Russian oil and the expected effects on exports to top buyers India and China

** Atlanta-based Delta Air Lines DAL.N down 3.6%, while JetBlue Airways' JBLU.O shares fall 4.8%

** Southwest Airlines' LUV.N stock falls 1.7%, American Airlines AAL.O down 4.5%

** Alaska Air ALK.N and United Airlines UAL.O down 2.8% and 3.7%, respectively

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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