Printer Friendly

Airline Finance News.

For more global news, data, analysis and features, please go to: Sep 25, 2006

Airlines are benefiting from both cheaper fuel and rising yield in most regions. Latin America yield climbed 8.1% to 13.07 cents, the best annual improvement so far this year, while Pacific yield rose 11.8% to 12.30 cents, also the highest monthly increase recorded in 2006. Transatlantic markets are underperforming the overall market, however; Atlantic yield grew just 3.8% to 11.82 cents, although this was up from the 3.3% hike in July. Sep 22, 2006

Oil's decline sends airline shares higher. A large drop in the price of oil has sent shares of airlines higher in the past six weeks. The Amex airline index is up 16% since August. The cost of a barrel of crude closed at $60.46 on Wednesday, down from $77 in August. Prices rebounded slightly Thursday in Asian trading. Sep 21, 2006
COPYRIGHT 2006 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Airguide Online
Date:Sep 25, 2006
Previous Article:Airline Finance News - North America.
Next Article:Airport News - Asia / Pacific.

Related Articles
Airline Finance News - Europe.
Airline Finance News - Africa / Middle East.
Airline Finance News - Africa / Middle East.
Airline Finance News.
Airline Finance News.
Airline Finance News - Africa / Middle East.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters