10-Aug-2009 12:55 PM
JAL sees massive USD1.0 billion loss, significant yield reductions; AirArabia profitable
Analysis
Asian airline shares were mixed on Friday (07-Aug-09). Leading the way yesterday was Jazeera Airways, which rose 9.6%, posting the largest gain on the Kuwait Stock Exchange. The LCC's CEO, Stafan Pichler, last week stated the carrier is looking for a second hub in the Middle East to replace Dubai International Airport.
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