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SAS reports weaker yields for Apr/May-2011

Analysis

SAS Group reported that its Apr-2011 yields were down 0.7%, although unit revenue (RASK) climbed 6.1% during the month. May-2011 passenger yield and RASK are expected to be similar to April with a stable yield and slightly positive RASK. SAS Group shares dropped 5.1% in trading yesterday.

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