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SAS looks to acquire 55 new aircraft; BA/Iberia merger approved; flybe IPO postponed

Analysis

SAS (+1.3%) was among the few gainers, as the majority of European airline shares declined on Monday (29-Nov-2010). SAS stated last week it is evaluating the acquisition of Bombardier CS300 aircraft as the carrier prepares to add approximately 55 aircraft to its fleet over six years.

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