15-Dec-2009 12:24 PM
Air Arabia soars on Dubai debt deal; Emirates sale coming? Virgin Blue-Delta launch alliance
Analysis
Air Arabia's shares soared 14.6% yesterday, outpacing a 10.4% gain in the Dubai Financial Market (DFM) index on Monday, after the Abu Dhabi Government agreed to provide USD10 billion to the Dubai Financial Support Fund that would be used to satisfy a series of upcoming obligations of Dubai World.
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