20-Jul-2009 11:45 AM
SkyEurope slumps, Ryanair and Southwest also lower, Virgin Blue steady, easyJet gains
Analysis
Worldwide LCC share prices were generally down on Friday (17-Jul-09), despite a stronger day on global equity markets. Investor concerns may have reflected oil prices which rallied on Friday to be back above USD63/barrel, in the wake of positive economic data and earnings results in the US and official China pointing to economic recovery in China.
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