EVA Air, China Airlines fall, MAS and AirAsia gain
Asia Pacific airline stocks were mixed again yesterday, with Taiwan’s EVA Air (-4.0%) and China Airlines (-3.5%) weaker despite EVA’s very strong May-2010 traffic report.
EVA Air’s passenger numbers rose 18% year-on-year last month to 552,587, while passenger load factor surged 11.2 ppts to 79.3% and passenger yield jumped 20.8% to USD 6.75 cents. Cargo volumes climbed 55.8% to 75,539 tonnes and cargo yield soared 46.2% to USD 25.65 cents.
See the CAPA Hot Issue page on Asia Pacific Aviation.
Asia Pacific selected airlines daily share price movements (% change): 09-Jun-2010