04-May-2009 11:21 AM
Expedia continues to rise, CAE and Boeing up - Share Wrap
Analysis
Expedia Inc's shares continued their spectacular week, surging a further 8.7% on Friday after Thursday's 28.5% leap on a better-than-expected first quarter profit report. Analysts were also pleased with Expedia's market share gains in a weak air ticket/hotel nights environment.
Elsewhere, Canada's CAE rose 5.8% as it revealed record military orders so far in 2009. Boeing's shares advanced 2.9% as the Dreamliner progresses towards first flight before 01-Jul-09.
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Selected aviation suppliers' daily share price movements (% change): 01-May-09