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Airline share prices again hammered, as reporting season reinforces concern

28-Oct-2008

Despite apparent confirmation that oil prices will continue to head downwards (still hovering just above USD62), airline stocks in Europe and the US suffered yesterday. IATA’s gloomy September traffic report added fuel to the fire, as the expectation grew that other airlines would echo the highly uncertain outlook reported by Air France and British Airways. [311 words]

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