25-Mar-2009 4:30 PM
Gol shares continue to ease as investors digest earnings downgrade, WestJet higher - share wrap
Analysis
Canadian LCC, WestJet, enjoyed a 1.2% gain yesterday as investors welcomed the carrier's expectations of "significant" medium to long-term growth in its market share, although the near term outlook remains "tough".
Brazilian LCC, GOL, however continues to drift lower after this week revealing sharp fourth quarter losses and a downward revision to forward estimates.
North & South America selected airlines daily share price movements (% change): 23-Mar-09
