Virgin Blue fell 1.1%, while Qantas gained 2.9%. Investors are buying airlines with an exposure to premium markets, which are growing robustly again. Singapore Airlines rose 0.4%, while Cathay Pacific advanced 0.9%.
Korean stocks were also higher, led by Asiana Airlines (+1.2%), while Indian carriers dropped back.
Asia Pacific selected airlines daily share price movements (% change): 06-Oct-2010
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.