Loading

Airline share valuations halve over 2008 - outlook uncertain

Analysis

Airline stock prices face an uncertain future, after a bumpy start to 2009. IATA stated that airline equity valuations have now halved in the past 12 months, following a further 9% fall in Jan-08, citing the Bloomberg global airline index.

According to IATA, "this was a similar decline to overall stock market indices and reflected the end year hope generated by policy stimulus, followed by disappointment as deepening recession grew". The industry body added, "the bottom line is that financial markets are not sure whether the bottom is yet in sight".

Bloomberg global airlines index: Jul-05 to Jan-09

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More