Global airline shares fall in July as investors take profit
Worldwide figures show they fell 3.2% in July, while the Asia-Pacific share price index dipped by less than 1%
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Nisha Ramchandani
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Singapore
Amid profit-taking, global airline share prices slid 3.2 per cent in July in the first monthly fall since March, although the Asia-Pacific share price index did better with a more modest decline.
Shares in North American carriers dropped by as much as 7.6 per cent, while the European and Asia-Pacific share price indices both dipped by less than one per cent, according to the International Air Transport Association's (Iata) latest financial monitor.
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