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Global airline share prices up 20% y-o-y to 7.8% in May

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Global airline share prices up 20% y-o-y to 7.8% in May

Global airline share prices up 20% y-o-y to 7.8% in May

KUALA LUMPUR (June 14): Global airline share prices performed strongly in May this year, surging 7.8% to be up more than 20% over the past year, according to the International Air Transport Association (IATA).

In its  May 2017 Airlines Financial Monitor released yesterday, IATA said gains were observed in all 3 regions, but European airline shares led the way again this month, with a 14.3% rise.

It said the latest financial results for Q1 provide further evidence of the squeeze on airline profit margins, reflecting higher costs and weak yields.

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