A check of the stocks we track at PlaneBusiness shows that as of 11:55 AM EDT, the sector seems to be faring quite well — all things considered. Most airline stocks that did track downward at the opening bell have moved upward since that time, and, as you can see, we have a fair mix of gains and losses. Not unlike any other ordinary day.
However I do note that shares of American, Continental, and United — all mentioned in the potential terrorist plot that was apparently broken up this morning by British Authorities — are all down as of this posting.