In the September report of the Airlines Financial Monitor from the International Air Transport Association, the final second quarter airline financial data confirms a decline in airline profitability compared to the same quarter a year ago. Industry-wide cash flows are better than a year ago, but this masks considerable regional differences. Global airline share prices eased lower in September, despite a 1.0% gain in the North American sub-index and notwithstanding a small gain in global equities overall. Over the past year, North American airline shares continue to outperform the wider equities market. Oil and jet fuel prices both moved solidly

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In