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SAS loses 91% of value this year. Vueling the only airline improved. LCCs perform better than majors

Analysis

Scandinavian flag carrier, SAS, has lost a terrifying 90.5% of its stock valuation since 02-Jan-09, while Vueling (+19.0%) is the only airline whose share price has remained in positive territory this year (see 1Q09 report below).

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