10-Jun-2009 2:00 PM
NEW DAILY LCC WRAP! easyJet up slightly, Ryanair, Air Berlin & Southwest lower, Virgin Blue tumbles
Analysis
Virgin Blue shares were down 4.6% yesterday, after the long weekend in Australia. The carrier today announced plans to further increase international services operated by subsidiary, Pacific Blue, between Australia and New Zealand, with new Sydney-Queenstown, Brisbane-Dunedin and Sydney-Wellington from Sep-2009. The carrier also plans to reduce domestic capacity by approximately 1%.
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