Airline shares dive as Trump spikes stimulus talks
Airline shares dive as Trump spikes stimulus talks

New York (AFP) – Airline shares tumbled Tuesday after President Donald Trump ended talks with congressional leaders on another fiscal stimulus package until after the November elections.Shares of major carriers had been in positive territory prior to Trump’s statement on Twitter which derailed the talks that had been dragging on for weeks.The statement appeared to doom the near-term prospects for the additional funding the airlines said was needed to avert more deep industry layoffs.American Airlines ended with a loss of 4.5 percent, while United Airlines dropped 3.6 percent, Delta Air Lines f…

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HEDGE accordingly