The White House plans to announce steps aimed at promoting competition in the U.S. airline industry and increasing transparency in pricing, a source said on Tuesday. The S&P 1500 airlines index .SPCOMALI, which includes large and small U.S. airline stocks, fell by nearly 2 percent and briefly turned negative in early afternoon trading. By late afternoon, it was up 1 percent. The source briefed on the matter said that the White House effort was aimed at ensuring that consumers had better information about air travel costs and airline performance. A Credit Suisse Research report said that the announcement also had to do with fee disclosures and access to airlines for disabled passengers.

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