30-Dec-2009 12:42 PM

WestJet “still nervous” about economic outlook; GOL to face increased domestic competition from TAM

Analysis

WestJet's shares were weaker (down 1.4%) yesterday, as CEO, Sean Durfy, stated he is "still nervous" about the general economic outlook for the North American economy, but expects a recovery as early as 2Q2010.

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WestJet “still nervous” about economic outlook; GOL to face increased domestic competition from TAM

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