04-Jun-2010 12:42 PM
AirAsia and Virgin Blue shares jump; RBS warns of continued challenge to Virgin Blue profitability
Analysis
AirAsia's share price gained 6.7% yesterday, as the market continued to react positively to the carrier's positive first quarter earnings report, a stock upgrade from OSK Research (from "neutral" to "trading buy") and the extension of the carrier's tax allowance by the Malaysian Government.
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