21-Oct-2010 4:08 PM
JetBlue leads US LCCs into positive territory; Virgin Blue slips
Analysis
US LCCs were standout performers on 20-Oct-2010 as Wall Street recovered losses from the previous days trade after a positive outlook from the financial sector and another batch of strong corporate earnings, led by major American airlines. The S&P500 was up 1.05% for the day. JetBlue (+6.8%), Southwest (+3.7%) and AirAsia (+5.3%) were the biggest LCC gainers for the day.
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