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ANA and Lufthansa apply for antitrust immunity; Air New Zealand reports profitable first half

Analysis

Asia Pacific shares were generally weaker in the face of further climbs in oil prices, with WTI crude trading briefly above the USD100 benchmark yesterday. Cebu Pacific shares closed the day 5.5% lower, the heaviest decline for the day. Garuda Indonesia shares gained 1.9%, while Thai Airways was up 1.3%.

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