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SEATTLE, Aug 21- U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday. Net profit at the airlines rose to $3.8 billion, up from $1.6 billion in the prior-year period.
Delta Air rose$. 98 or 2.5 percent, to $40.52. JetBlue Airways Corp. rose$. 40 or 3.2 percent, to $12.73. Southwest Airlines Co. rose$. 82 or 2.7 percent, to $31.57.
Delta Air rose$. 86 or 2.2 percent, to $40.40. JetBlue Airways Corp. rose$. 40 or 3.2 percent, to $12.73. Southwest Airlines Co. rose$. 57 or 1.9 percent, to $31.32.
Delta Air rose$. 35 or. 9 percent, to $39.89. JetBlue Airways Corp. rose$. 27 or 2.2 percent, to $12.60. Southwest Airlines Co. rose$. 57 or 1.9 percent, to $31.32.
Growing fears of a volcanic eruption Iceland left investors on edge Wednesday with airlines braced for potential disruption.
Delta Air rose$. 03 or. 1 percent, to $39.54. JetBlue Airways Corp. rose$. 05 or. 4 percent, to $12.33. Southwest Airlines Co. fell$. 01 or percent, to $30.75.
Delta Air rose$. 12 or. 3 percent, to $39.63. JetBlue Airways Corp. rose$. 08 or. 7 percent, to $12.36. Southwest Airlines Co. fell$. 03 or. 1 percent, to $30.73.
Take a look at some of Monday's midday movers:
American Airlines is dropping meals for premium passengers on some short flights.
JetBlue CEO Dave Barger, discusses JetBlue's position in the airline industry, and consolidation in the space.
JetBlue CEO Dave Barger, shares his view of geopolitical events around the world, and additional security costs to the airline industry.
United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
US aviation authorities on Wednesday extended a ban on US airlines flying to Israel's Ben Gurion International Airport for another 24 hours.
After days of outrage over the handling of the Flight MH17 crash site in Ukraine, European ministers meet to discuss further sanctions against Russia.
*U.S. players include Gogo, Honeywell, Golden Eagle. LONDON, July 22- The web-connected aircraft cabins of the future, powered by technology on show at last week's Farnborough Airshow, are offering a path to investor returns through suppliers like Cobham Plc and Thales SA.
Everyone was waiting for a catalyst to end the bull market—the downing of Flight MH17 plane may be it, says hedge-fund manager Todd Schoenberger.
Malaysian Transport Minister Liow Tiong Lai flying to Ukraine to assist in investigation, believes plane had been shot down.
The journey of the 298 souls on board the ill-fated Flight MH17 was violently cut short at 30,000 feet above ground, victims of a war not their own. NBC reports.