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Air China, Qantas, ANA fall, Japan Airlines and Cathay higher – Share Wrap

Analysis

All Nippon Airways' (ANA) shares dropped back 1.1% yesterday, despite the company confirming it would not alter its earnings outlook in the wake of the swine flu outbreak. The carrier confirmed it had experienced around 150 cancellations per day due to the outbreak (between 27-May-09 and 18-May-09). The regions affected are mostly North America, Europe and China.

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