US airlines advance as lower oil prices ease fuel cost worries

Southwest Airlines

Wed 16:05

** Shares of US airlines rise after crude oil prices fall more than $3 a barrel, 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 7% and 4%, respectively
** American Airlines AAL.O rises 3.5%, Southwest Airlines LUV.N up 2.4%
** Delta Airlines DAL.N and United Airlines UAL.O gain about 2.6% and 3.6%, respectively
** Including session gains, Dow Jones US airlines sub-index .DJUSAR up 1.1% YTD

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