29-Jul-2009 12:20 PM
Ryanair upgraded by Citigroup, AirAsia X forced to delay Sydney and Seoul plans
Analysis
LCC shares were mixed on Thursday (28-Jun-09), despite reduced oil prices. New York prices fell USD1.15 to settle at USD67.23/barrel, while in London, oil prices for September delivery fell USD 93 cents to settle at USD69.88. The reductions mark the end of a two-week rally in oil markets and reflects the further decline in US Consumer Confidence.
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