Airline Shares Jump as Southwest Eases Overcapacity Concerns

Updated on
  • Investors cheer slower growth plan as salve for fare pressure
  • Improving outlooks at Delta, Allegiant provide added boost

U.S. carriers climbed the most in almost two months after Southwest Airlines Co. said it would slow capacity growth next year, bringing the supply of seats and flights more in line with demand and possibly relieving pressure on fares.

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