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Kingfisher slips, Japan Airlines and Singapore weaker, Qantas and Air New Zealand gain

Analysis

Most Asia Pacific airline shares slipped on Tuesday (21-Jul-09), with Kingfisher leading the reductions, down 4.9%, following an 8.9% gain on Monday. Kingfisher stated its Board of Directors would consider a proposal to issue further share capital of up to USD104 million and other "consequential matters" at a Board Meeting to be held on 28-Jul-09.

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