Remember that these are smaller airlines. Not the greatest of pilots, maintenance etc. and you know the news once one thing happens they fixate on it. Three planes down and cancellations by the FAA into Israel does not help the airline industry. Even with all these record profits traders seem to be spooked. I said earlier the market is volatile right now doesn't know how to react to this great news. It's evident by the up-and-down day we've been having so far. Lets look at the bright side, last Quarter we reported record profits too it and dropped 3%! At least this time we seem to be holding steady.
I would've loved to have seen it pop big-time today! It looks like we will have to have our celebration sometime in the near future when everything settles. Let's remember that there was a lot of news and earnings reports released today in the market. I think it's too much information so it doesn't know how to react. Give it a couple of days and it will all be fine.
News 
Market Data 
Discover 
