Global airline share prices increased, and outperformed the global equity index, for the third month in a row in June, according to the International Air Transport Association’s latest Airlines Financial Monitor. Airline shares have risen by more than 20% since start-2017, and are currently around 44% higher than a year ago. The recent gains in airline share prices indicate that investors are continuing to look through the impact that squeezed profit margins has had on airline financial performance in Q1 2017, and are focusing instead on signs that the upward pressure on the breakeven load factor is easing, says IATA.
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