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GOL falls on strike threat, JetBlue extends CEO contract

Analysis

Shares in Brazilian LCC, GOL, fell 2.5% yesterday to a three-month low on a general strike threat by airline workers on 23-Dec-2010 over pay issues.

In the US, JetBlue announced the extension of President and CEO Dave Barger’s contract until 2015. Mr Barger’s current contract was set to expire in three years. JetBlue’s shares eased 0.6%.

Selected LCCs daily share price movements (% change): 22-Dec-2010

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