29-Jun-2009 12:20 PM
AirAsia and Southwest slip; Allegiant, Air Berlin, easyjet and Ryanair all gain
Analysis
Stocks of the major LCCs were mixed on Friday (26-Jun-09). In the Asia Pacific region, AirAsia's shares slipped 1.7%, while SpiceJet gained 1.8% (see below). Over the weekend, AirAsia announced its intention to launch AirAsia X services to US destinations, including Oakland, New York, Los Angeles, San Francisco and Hawaii, in 2010, as part of its future international expansion plans.
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