Airlines Stocks (UAUA, JBLU, AMR) Starting To Enjoy Lower Oil Prices

Oil prices has fallen drastically from being as high as $149 and a direct beneficiary of lower oil prices should be airlines, as airlines are one of the top buyers of oil.

Today, we are finally some of the airlines stocks moving up on these lower oil prices. For example, UAL Corporation (Nasdaq: UAUA) up over 8%, trading around $11.28. Additionally, AMR Corporation (NYSE: AMR) is up around 2%, JetBlue Airways (Nasdaq: JBLU) up over 11% and Republic Airways (Nasdaq: RJET) up 12%.

UAL Corporation (UAL) is a holding company whose principal subsidiary is United Air Lines, Inc. (United).
AMR Corporation (AMR) operates primarily in the airline industry through its principal subsidiary, American Airlines, Inc. (American).
JetBlue Airways Corporation (JetBlue) is a passenger airline that provides customer service at low fares primarily on point-to-point routes.
Republic Airways Holdings Inc. operates Chautauqua Airlines, Inc., (Chautauqua Airlines), Republic Airline Inc. (Republic Airline) and Shuttle America Corporation (Shuttle America).
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