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June quarter LCC earnings: The glimmers in the gloom


Airline shares have had a good few weeks – with the price of oil now trading around USD27 below its record highs just shy of USD150 per barrel. But the past week’s April-June quarter financial results announcements by several airlines (as documented in this edition of Peanuts! Weekly) have given investors further food for thought. [420 words]

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Graphs and data:

  • LCC share price growth: 21-Jul-08 vs 28-Jul-08
  • LCC year to date share price growth: 02-Jan-08 vs 29-Jul-08
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