08-Mar-2011 4:18 PM
Airline shares underperform by 10% as oil prices surge
Analysis
IATA, in its Jan/Feb-2011 Airlines Finance Monitor, stated airline equity prices worldwide, as measured by the Bloomberg global airlines index, have lost 6% so far this year. This compares with a 4% gain in the FTSE Global All-Cap Index. This follows a strong outperformance by airline stocks during 2010, when the global airlines index rose 28%.
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