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Asia-Pacific airline stocks fly high in Jan, says Iata report

It also shows improvements in airline earnings in the fourth quarter, with North American carriers putting up the best show

Nisha Ramchandani
Published Tue, Feb 10, 2015 · 09:50 PM

Singapore

SHARES in Asia Pacific carriers were up 8 per cent month-on-month in January, outperforming the broader market which declined 2 per cent.

This was driven by "outstanding" share price increases of a few airlines.

Worldwide airline shares, on the other hand, were up a more subdued one per cent from December, as crude oil and jet fuel prices somewhat stabilised in January, according to a report.

In its latest financial monitor, the International Air Transport Association (Iata) said: "Airline shares had increased 40 per cent in 2014, helped partly by falling energy prices in the latter months of the year. The current easing …

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