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AirAsia down again, easyJet and Virgin Blue stable, Air Berlin, Ryanair and Southwest up

Analysis

Stocks of the major LCCs were mixed on Monday (29-Jun-09). In the Asia Pacific region, AirAsia's shares slipped 1.7% on Monday, following a 1.7% reduction on Friday. The carrier yesterday released its 2008 Annual Report, with the LCC emphasising that demand for its services "remains robust" with the carrier enjoying a "high success ratio" for its new routes.

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