IATA has issued its April report of the Airlines Financial Monitor. The report highlights the fact that global airline share prices rose by 2.5% in April, partly reflecting expectations that the squeeze on margins will diminish. The monthly increase was driven by European airlines, with modest increases in Asia Pacific and North America. The initial financial results from Q1 2017 highlight the extent that airline profit margins were squeezed in the opening months of the year by a combination of higher costs and weak yields. Brent crude oil prices fell sharply in mid-April, and dropped below US$50/bbl in early-May for

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