Katrina, Soaring Oil Prices Give Airlines Just What They Don't Need

Airports are closed in New Orleans and Baton Rouge, La., Biloxi, Miss., Mobile, Ala., and Pensacola, Fla.


"I was going to go to New Orleans for Labor Day weekend, but now my Labor Day plans are canceled," said Kador, 52.

Delta shares fell 4 cents, or 3.1 percent, to $1.26 in midday trading on the New York Stock Exchange, while shares of Fort Worth, Texas-based AMR Corp., the parent of American Airlines, fell 43 cents, or 3.2 percent, to $13.23 and Continental shares fell 54 cents, or 3.8 percent, to $13.68. Northwest shares fell 4 cents to $5.23 on the Nasdaq Stock Market.

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Associated Press Writers Dave Carpenter in Chicago, Steve Quinn in Dallas, Josh Freed in Minneapolis and Daniel Yee in Atlanta contributed to this report.



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