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JetBlue sees profitability streak to continue in 2010; Vueling down on net loss

Analysis

Worldwide LCC share prices generally gained on Thursday (24-Jul-09), reflecting stronger conditions in European, Asian and North American equity markets and despite surging oil prices. Oil prices in New York surged USD1.76 to close at USD67.16/barrel, the highest level since 01-Jul-09, following the rally on Wall Street and positive US housing data. In London, oil prices for September delivery jumped USD2.04 to settle at USD69.25.

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