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Market Movers

Oil-price worries bang up airline stocks

Sustained high oil prices could lead to pricier airline fares.

Sandy Huffaker/Getty Images/File 2006

Sustained high oil prices could lead to pricier airline fares.

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Southwest Airlines tumbled 3.5 percent amid concern that surging oil prices will boost fuel costs. The price of oil surged nearly 3 percent as worries grew about escalating violence in Syria. On Tuesday, the Bloomberg US Airlines Index tumbled 5.1 percent to the lowest reading since June, with all 10 members retreating. United Continental plunged 7.2 percent to $27.71, and Delta Air Lines slumped 5.7 percent to $19.11.

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