US airlines advance as lower oil prices ease fuel cost worries

JetBlue Airways

Wed 18:23

Updates
** Shares of US airlines rise after crude oil prices fall 9%, easing concerns over fuel costs, a key expense for carriers
** Investors await Washington's next move in the Iran war after Republicans lose control of Congress in the midterm elections
** JetBlue Airways JBLU.O and Alaska Airlines ALK.N advance 13.7% and 9.5%, respectively
** American Airlines AAL.O rises 7.4%, Southwest Airlines LUV.N up 7%
** Delta Airlines DAL.N and United Airlines UAL.O gain about 6.5% and 8%, respectively
** Including session gains, Dow Jones US airlines sub-index .DJUSAR up 5.3% YTD


 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))