18-Jun-2009 1:05 PM
Virgin Blue jumps, AirAsia up, Cathay Pacific, Singapore Airlines, Qantas, Jet Airways down
Analysis
Asian airline shares were mixed yesterday (17-Jun-09), with the Indian carriers' shares suffering the largest declines as they moved to raise their fares/surcharges in response to sharply higher jet fuel prices. Jet Airways, Kingfisher and SpiceJet reported share price reductions of 9.1%, 4.8% and 3.2%, respectively.
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