Asia Pacific airline shares were mixed yesterday, led lower by China Southern (-4.7%) and higher by Australia's Skywest (+6%).
Korean Air (shares down 0.6%) said it is seeking US Export-Import Bank financing for two B747-8 Freighters and is in the request for proposal (RFP) stage of the process. It is understood that JP Morgan is in the lead for the mandate. The current list price for the B747-8F is USD319 million.
Selected APAD daily share price movements (% change): 19-May-2011
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.