US airlines climb as oil prices retreat from five-month highs

Delta Air Lines

Tue 16:21

** Shares of US airlines rise as oil prices retreat from five-month highs, falling by $3 a barrel 
** Brent crude futures topped $111 a barrel earlier in the session as investors priced in supply disruptions from Houthi attacks on Saudi Arabia's infrastructure
** American Airlines AAL.O rises 7.2%, Southwest Airlines LUV.N up 5.3% 
** Jetblue Airways JBLU.O and Alaska Airlines ALK.N advance 6.2% and 4%, respectively
** Delta Airlines DAL.N and United Airlines UAL.O gain about 4.7% each
** Including session's gains, the S&P Composite 1500 Airlines Index <.SPCOMAIR > was down nearly 3% YTD

(Reporting by Anand Gopal in Bengaluru)
((AnandGopal.R@thomsonreuters.com))