Second airlines index unveiled

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NYSE Euronext has unveiled the NYSE Arca Global Airline Index, which tracks the performance of stocks in the passenger airline index sector. The new addition follows the launch of the Rogers Airlines Index - Global, by Royal Bank of Scotland Global Banking and Markets in partnership with commodity investor expert Jim Rogers.

Industry analysts are sceptical about the short-term outlook of the sector, although the medium to long-term outlook of the sector is more positive. "Medium to longer term

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