Japan Airlines and ANA shares ease on capacity cuts, Singapore Airlines advances - share price wrap


Investors sent Japan Airlines and All Nippon Airways shares lower yesterday, by 1.5% and 0.9%, respectively, as both carriers confirmed capacity cuts amid softening demand.

Singapore Airlines also confirmed capacity cuts to Europe, India and North America, but its shares rose 3.1%, while Qantas (+2.1%) confirmed it is considering its capacity and fare settings.

Korean Air and Asiana shares rebounded 9.2% and 3.6%, respectively, after heavy falls the previous day.

Asia Pacific selected airlines daily share price movements (% change): 28-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