Airline shares rise in Jul-2010; Improvement in average fares and profitability; fuel cost concerns

IATA, in its June/July Airlines Financial Monitor, stated airline share prices have risen during the past month, "reaching a level 10% higher than the beginning of the year." The industry body added: "Geography is still playing a role, with Asia Pacific and US airline shares now up over 9-11% since the beginning of the year on the back of much improved operating conditions, whereas European airline stocks are up barely 1% over the same period,"