23-Jan-2009 1:07 PM
easyJet steals from Air France-KLM, British Airways; Ryanair "hisses" as Aer Lingus bid closes.
Analysis
easyJet shares soared 15%, closing the day up 12.5% on a better than expected financial report, as the carrier confirmed that it will continue to expand even as economic conditions deteriorate. CEO, Andy Harrison, expects easyJet to improve its average yield by around 5% as part of the "flight to value", as the carrier picks up new business traffic.
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