16-Jun-2009 1:20 PM

LCC stocks slip again: GOL slumps, AirAsia, easyJet, Ryanair & Southwest lower, only Virgin Blue up

Analysis

All the major LCC shares were down on Monday (15-Jun-09), with GOL the worst affected, crashing 7.6%. The reduction coincides with the release of GOL's 2008 annual report, in which the LCC concluded that strong demand has been "not enough to maintain airline profitability".

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LCC stocks slip again: GOL slumps, AirAsia, easyJet, Ryanair & Southwest lower, only Virgin Blue up

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