Analysis: A Dismal Decade For Airline Stocks

As 2009 drew to a close last week, the news media were full of articles lamenting the stock market’s “lost decade.” A $1,000 investment in the S&P 500 index at the start of 2000 would be worth just $775 today. Investors in U.S. airline stocks fared even worse in most cases. A $1,000 investment in...

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