EVA Air defers capital raising, shares rise - Asia Pacific airline share wrap
Taiwan's EVA Air announced plans to defer its plan to sell TWD5 billion (USD1.5 billion) in new shares, due to weak equity markets. The carrier may revive the plan later in the year. Investors reacted positively, sending the carrier's shares up 3% yesterday.
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EVA Airways share price: 05-Jan-09 to 25-Mar-09
Rival China Airlines' shares closed 3.6% higher yesterday.
Asia Pacific selected airlines daily share price movements (% change): 25-Mar-09