Airline Stocks Lower On Austin Crash and Diverted UAL Flight (UAUA, DAL, CAL, AMR, FAA)

On a day where at least two major airplane stories have broken out, shares in the sector are lower today, mostly making a move after the news had broken about the incidents.

A small aircraft crashed into the side of an office building in Austin, TX, at 10 a.m. CST this morning. The building was said to house an IRS office, and F/16 fighter planes were scrambled on the news. One person is still unaccounted for.

In Utah, United Airlines (NASDAQ: UAUA) Flight 741 was diverted to land after a bomb threat was noticed. The 193 passengers and six crew remain on board as the airplane is being searched.

Stocks to watch on the news include:

• United Airlines;
  
  
• US Airways (NYSE LCC);
  
  
• Delta Airlines (NYSE: DAL);
  
  
• Continental Airlines (NYSE: CAL);
  
  
• AMR Corp. (NYSE: AMR); and
  
  
• Claymore/NYSE Arca Airline (NYSE: FAA).

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