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China Airlines and EVA Air’s yields remain depressed; JAL downgraded (again)

Analysis

Taiwan's leading airlines, China Airlines (+0.5% yesterday)and EVA Air, reported continued double-digit reductions in passenger yields, of 21.8% and 14.9% respectively, in Sep-2009. These falls are, however, an improvement from Aug-2009 and Jul-2009 levels, and come off a base of growth in Sep-2008.

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