17-Aug-2009 11:40 AM
Thai Airways yield weakness continues; net profit for Korean Air; Chinese airline shares slump
Analysis
Chinese airline shares were down on Friday (Shanghai Airlines, Hainan Airlines, China Southern, China Eastern and Air China fell 5.0%, 4.3%, 3.4%, 0.8% and 0.7%, respectively), reflecting a poor week for Chinese stocks. (The Shanghai Composite Index, which fell to a six week low. Despite the slump, the market is still up 67% in the year to date).
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