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Allegiant surges ahead, JetBlue up, WestJet loses, but lower oil prices good for all

Analysis

Allegiant's (+2.9%) aggressive expansion, while most around it are cutting back, is still finding favour with the market. The carrier reported strong growth in Jun-2009. WestJet (-3.9%), by contrast, lost ground as investors fretted that its expansive international plans might increase its risk profile.

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