Southwest Airlines (shares up 4.2% yesterday) announced plans to add 65 services and eliminate 24 services, for a net gain of 41 services, between 09-May-2010 and 13-Aug-2010.
The schedule reflects seasonal travel patterns when demand increases and flying time decreases during the Summer period.
WestJet’s shares were down 1.2% yesterday, as the carrier unveiled its flight schedule for Summer 2010, featuring five new routes and expanded service on 19 trans-border and international routes. WestJet previously stated it expects capacity growth of between 5-10% in 2010, following growth of 2-3% in 2009.
SpiceJet’s shares soared 7.2% yesterday, after state-run oil companies reduced jet fuel prices in India for the second time this month, by 1.6%.
Ryanair’s shares fell 1.1% yesterday, as the carrier announced plans to open its 38th and 39th bases, at Malaga and Faro, respectively. In Malaga, the carrier will base four aircraft and 19 new routes (for a total of 39 routes), while six aircraft will be based in Faro, with 14 new routes added (for a total of 28).
Selected LCCs daily share price movements (% change): 16-Dec-09
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