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United loses 9.2%, SAS down 10.8%, GOL off 8.6%, aircraft lessors lose 9% as debt troubles market

Analysis

Global airline, airport and aviation supplier shares across the world were hit yesterday, 6-May-2010, amid elevated nervousness in economic circles over debt issues in Europe. Despite a better outlook generally for aviation, as strength appeared to be returning to forward bookings, any threat of economic softening is disproportionately harmful to airline stocks.

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