16-Nov-2009 2:10 PM
AirArabia posts first-ever reduction in quarter profits; JetBlue RASM outlook for Nov-2009 positive
Analysis
AirArabia's shares fell 1.9% on Friday, as the carrier warned of "significant" short-term challenges after posting its first-ever reduction in quarterly profit, following the global swine flu pandemic, the economic downturn and the fasting month of Ramadan over Aug/Sep-2009.
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