Improvement in airline share prices in Jan-2010; Asian airlines raising cash: SHARE WRAP
IATA, in its Airlines Financial Health Monitor for Dec-2009/Jan-2010, commented that airline share prices worldwide gained 5% in Jan-2010, as financial markets became “more positive about airline performance” and increasingly confident about airline profitability. This followed share price underperformance throughout 2009, despite the 25% rise in the Bloomberg global airlines index.
