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Turkish Airlines posts net profit for FY2009; Aer Lingus and Aeroflot gain

Analysis

A slight majority of European carriers' shares were down on Tuesday (16-Feb-2010), as oil prices surged 3.9% to USD77.01. Wider markets meanwhile surged higher due to rises in the banking sector, after Barclays posted a better than expected FY2009 results. Shares then continued to gain as US markets opened higher.

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