17-Nov-2009 1:27 PM
easyJet expected to be profitable in FY2009; Tiger Airways reports USD20 million loss in FY2009
Analysis
easyJet shares gained 2.7% on 16-Nov-2009, ahead of the release of the carrier's financial results today (17-Nov-2009). The carrier is expected to be profitable in the 12 months to Sep-2009, although the level of profitability is expected to be down on a year-on-year basis.
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