13-Aug-2009 11:55 AM
AirAsia shares down despite bullish outlook; Jet Airways continues to lose domestic market share
Analysis
AirAsia's shares were weaker yesterday, down 1.4%, despite the carrier providing a positive outlook upon the release of its 2Q2009 financial results. According to CEO, Tony Fernandes, "the current economic climate is well-suited for a low cost airline as consumers have become more price conscious and look for the best value".
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