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
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.