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Airline Stocks Fall as Delta Sees International Slowdown

U.S. carriers fell the most in three weeks after Delta Air Lines Inc. reported that excess capacity in some international markets forced fares down more than expected.

United Continental Holdings Inc. dropped 7.1 percent to $39.27 at the close in New York to lead the decline in the 11-member Bloomberg U.S. Airlines Index. Delta fell 5.1 percent to $38.24 and American Airlines Group Inc. slid 4.4 percent to $41.95.