SUBSCRIBERS

May airline share prices up 5%, outdoing others

US carriers have higher jump than those in Asia-Pacific, trend reflected in Q1 results

Nisha Ramchandani

Nisha Ramchandani

Published Fri, Jun 6, 2014 · 10:00 PM

Singapore

GLOBAL airline share prices gained 5 per cent month on month in May, outperforming the broader market which rose 2 per cent.

However, this growth was largely underpinned by the US carriers, which registered a 10 per cent jump in share price while shares in Asia-Pacific airlines were stable but slightly higher than April.

Copyright SPH Media. All rights reserved.