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US airline stocks lose US$4.9b on travel ban concerns

Thursday, February 2, 2017 - 05:50

Atlanta, Georgia

IN two days, President Donald Trump's travel ban wiped out US$4.9 billion in market value for the country's biggest airlines.

The Standard & Poor's 500 airline index slumped 3.8 per cent combined on Monday and Tuesday, five times the 0.7 per cent drop in the S

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