16-Jul-2009 12:45 PM
GOL jumps on speculation of a recovery in air travel demand, easyJet, Ryanair and AirAsia all gain
Analysis
Worldwide LCC share prices generally gained on Wednesday (15-Jul-09), reflecting Wall Street's solid lead, with GOL leading the way, jumping 8.9%, following Tuesday's 7.4% increase. The stock market increases came despite sharply higher oil prices, which are of particular concern for the LCC segment.
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