13-May-2010 11:51 AM
Korean Air and Asiana rally. Jetstar expands in Singapore, Qantas falls, SIA gains
Analysis
Korean Air and Asiana Airlines defied a 0.4% fall in the South Korean Kospi Index yesterday, as investors become increasingly optimistic about rising demand and the earnings outlook. Their stocks both rose 5% on Wednesday on expectations for strong traffic in May - a month including several public holidays in Korea.
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