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China Airlines’ Nov-2010 sales strengthen; SIA to deply A380 on Singapore-LA sector

7-Dec-2010

China Airlines stated unconsolidated sales in Nov-2010 increased 6.83% to TWD11.2 billion (USD371 million). Shares in the carrier gained 0.6% yesterday.

Singapore Airlines stated it would deploy A380 equipment on the Singapore-Los Angeles route beginning next year. Shares in the carrier gained 0.3% yesterday.

Meanwhile, Qantas and Rolls Royce are expected to settle out of court regarding compensation for the Trent 900 problems on the carrier’s A380 aircraft. Shares in Qantas declined 1.5% yesterday.

Elsewhere, China Eastern (-4.3%), China Southern (-3.6%), Air China (-3.3%) and Hainan Airlines (-3.3%) were all weaker yesterday. On the other end of the spectrum, shares in Asiana strengthened 4.2%.

Asia Pacific selected airlines daily share price movements (% change):  06-Dec-2010


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