07-Aug-2009 1:10 PM
Major European and American LCCs gain on Jul-2009 traffic results, yield pressures still a concern
Analysis
LCC shares were mixed on Thursday (06-Aug-09), as oil prices eased, after a week of solid gains. New York oil prices were down USD0.03 cents at USD71.94 on Thursday, as US crude inventories increased and the services sector contracted more sharply than expected in Jul-2009. In London, oil prices were down USD0.44 to end the day at USD74.83
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