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AirAsia, Qantas, Virgin Blue, Singapore Airlines shares stronger, Jet Airways eases - Share Wrap

Analysis

Virgin Blue's shares rose 3.9% (up 1c to AUD0.27) yesterday, as investors digested the carrier's Apr-2009 traffic report released on Friday (pax +8.6%, ASKs +30.8%, LF -0.9 ppts to 76.3%). Investors seem generally pleased traffic is holding up, although concerns remain over industry yields.

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