11-Jun-2009 11:56 AM
Southwest, AirTran and WestJet down, easyJet also lower, while AirAsia and Ryanair remain steady
Analysis
Low cost carrier investors have reacted to spiraling fuel prices, which reached a new high for 2009 yesterday. All North American LCC shares were down yesterday, exceeding the general reduction in the main US indexes. The worse affected LCC was AirTran Airways, down 8.3%, with Southwest Airlines' stock falling 2.4%.
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