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04-Apr-2011 5:42 AM

European LCC shares finish lower, AirAsia interested in a stake in Indian airline

Analysis

Shares in LCCs based in the UK and Ireland closed lower on Friday, on a mixed day for low-cost airline shares. easyjet shares fell 2.4%, while Flybe shares fell 1.8% and Ryanair shares dropped 1.5%. Scandinavian LCCs Cimber Sterling and Norwegian also had share falls.

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