ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Global airlines share price fall by 10% –IATA

19th November 2018
in Business
0
IATA
Share on FacebookShare on Twitter

The International Air Transport Association (IATA) has reported a 10.1 per cent drop in global airlines’ share price for the month of October 2018.

IATA in its latest in-house publication, Airlines Financial Monitor for October 2018, also said the global airline share price index underperformed in the wider equity market.

“Global airline share prices fell by 10.1 per cent in October – the biggest monthly decline since June 2016,” said the IATA report.

READ ALSO Nigerians need affordable 4G phones, NCC tells manufacturers

“Investor concerns over the impact of rising costs on industry profitability mean that the global airline share price index has underperformed the wider equity market by some margin since start-2018,” the report added.

Meanwhile, the initial airline financial releases for the third quarter (Q3) of 2018 by IATA indicated that the squeeze on profit margins from higher input costs persisted into the quarter, and points to a modest decline in free cash flow generation relative to Q3 2017 as well.

IATA also said that global passenger yields have continued to edge higher in recent months.

“The premium cabin has provided a useful buffer for airline financial performance over the past year or so. The industry-wide passenger load factor remains elevated by historical standards, although passenger demand momentum weakened in Q3,”the IATA report added.

Tags: IATA
Omotayo Edubi

Omotayo Edubi

Related Posts

CBN, NIBSS unveils ‘AFRIGO’ Nigerian national domestic card scheme
Business

CBN, NIBSS unveils ‘AFRIGO’ Nigerian national domestic card scheme

27th January 2023
Basic metrics to consider when selecting stocks
Business

Basic metrics to consider when selecting stocks

27th January 2023
The new national carrier
Business

‘Proposed N2.29bn aircraft assembly plant’ll benefit aviation sector’

27th January 2023
Next Post
2019: Issue-based campaigns

2019: Issue-based campaigns

oil marketers

N800bn subsidy debt: Banks take over assets of oil marketers

As the campaigns begin: A call for decorum

As the campaigns begin: A call for decorum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

“No White-Collar Job Available, Get Innovative” – Gov. Fintiri Tells Corp Members

Again NRC records train Mishap as  Abuja/Kaduna train on Friday derailed at Kubwa,

Group Raises the Alarm over Alleged Plot to Rig Election in Sokoto

Nigeria lost US$6.68bn to flooding in 2022 – Minister 

Lagos: Sanwo-Olu signs 2023 appropriation bill

Osun Tribunal: Sanwo-Olu congratulates Oyetola, hails judiciary

Trending

Gov. Soludo tasks journalists on healthy lifestyles
National

Soludo proposes separate curriculum, education board for South East

27th January 2023
0

From Obinna Odogwu, Awka Anambra State Governor, Prof. Chukwuma Soludo, has made a case for the establishment of a...

 A’Ibom  maintains  cleanest state in Nigeria

 A’Ibom  maintains  cleanest state in Nigeria

27th January 2023
Ed-el-Fitri: Lalong rejoices with Muslim Ummah in Plateau

Lalong revives Plateau Varsity, place it on sound footing 

27th January 2023
Again NRC records train Mishap as  Abuja/Kaduna train on Friday derailed at Kubwa,

“No White-Collar Job Available, Get Innovative” – Gov. Fintiri Tells Corp Members

27th January 2023
Again NRC records train Mishap as  Abuja/Kaduna train on Friday derailed at Kubwa,

Again NRC records train Mishap as  Abuja/Kaduna train on Friday derailed at Kubwa,

27th January 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • Soludo proposes separate curriculum, education board for South East
  •  A’Ibom  maintains  cleanest state in Nigeria
  • Lalong revives Plateau Varsity, place it on sound footing 
  • “No White-Collar Job Available, Get Innovative” – Gov. Fintiri Tells Corp Members
  • Again NRC records train Mishap as  Abuja/Kaduna train on Friday derailed at Kubwa,
  • Group Raises the Alarm over Alleged Plot to Rig Election in Sokoto
  • Nigeria lost US$6.68bn to flooding in 2022 – Minister 
  • Lagos: Sanwo-Olu signs 2023 appropriation bill
  • Osun Tribunal: Sanwo-Olu congratulates Oyetola, hails judiciary
  • Insecurity, inflation, fuel scarcity must not affect polls, Northern elders warn
  • Ikonne’s death: Abia PDP announces date for fresh primary
  • Comptroller Ilesanmi Assumes Duty as New Kwara Customs Area Controller
  • 2023: We’re determine to build a new Plateau- Caleb Mutfwang
  • MASSOB condemns killings in South East
  • Emefiele: Cashless policy is for benefit of Nigerians as CBN embarks on cash swap exercise in Effurun
  • Poll: Lagos students endorse Tinubu, Sanwo-Olu 
  • Buhari condoles with Nasarawa governor over son’s death 
  • No plans to hike petrol price-FG 
  •  Sgt. Abdullahi wins Kebbi CP 1st Quran recitation competition
  • ASCETA Provost condoles Ikpeazu over death of Ikonne

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.