Airlines and cruise stocks fell, with Boeing (BA.US) down over 2.5%
On Monday, airline and cruise stocks fell. As of the time of writing, Southwest Airlines (LUV.US) was down 0.15%, United Airlines (UAL.US) was down 0.71%, Delta Air Lines (DAL.US) was down more than 1.4%, American Airlines (AAL.US) was down 1.6%, Royal Caribbean Cruises (RCL.US) and Norwegian Cruise (NCLH.US) were down more than 2%, Boeing (BA.US) was down more than 2.5%, and Carnival Cruises (CCL.US) was down more than 3%.
On the news front, IAM District 751, which represents about 33,000 Boeing workers in Washington state, announced on September 27 that it had a mediation meeting with Boeing that day but failed to make progress on the pension issue. The union said that no further negotiation dates have been scheduled, and the union remains willing to negotiate directly or through mediation with the company.