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Skywest sees 'satisfactory' profits; Virgin Blue and Air NZ profitable; PIA losses widen

Analysis

Shares in Australian regional carrier, Skywest Airlines, slipped 7.3% yesterday, despite the carrier reporting a "satisfactory" 177% jump in profit before tax and a 190% gain in net profits to USD10 million and USD7 million, respectively, in the 12 months ended Jun-2010.

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