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Allegiant down again. WestJet loses. Air Canada and TAM, GOL, LAN all up - Share Wrap

Analysis

Allegiant shares (-7.4%) fell again, after losing another 7% the previous day. WestJet (-3.5%) also lost on a relatively pessimistic outlook and despite announcing a profit of CAD37.4 million for 1Q09. But this was a 28.7% reduction on 1Q08.

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