07-Jun-2010 4:16 PM
Air Berlin downgraded by RBS; Norwegian sees continued yield/unit revenue reduction in May-2010
Analysis
Royal Bank of Scotland cut its recommendation on Air Berlin stock from "hold" to "sell" last week, commenting "the volcano will have impacted the second-quarter performance, [while] summer trading is exposed to some challenged economies...and the benefit of falling unit fuel costs is fading".
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