Nov. 28, 2014, 10:05 AM
- Global airline carriers rip gains after OPEC decides to hold production levels steady to spark another drop in crude oil prices.
- As a group, airliners are poised to have their biggest up day of the year.
- Gainers: China Eastern Airlines (CEA +5.8%), Delta Air Lines (DAL +5.3%), China Southern Airlines (ZNH +5.5%), Air China (OTCPK:AIRYY +6%), Cathay Pacific (OTCPK:CPCAY) +6.7%, Air-France KLM (OTCQX:AFLYY) +8.5%, Deutsche Lufthansa (OTCQX:DLAKY) +5.9%, Singapore Airlines (OTCPK:SINGY) +4.8%, Gol Linhas (GOL +5.9%), Copa Holdings (CPA +3.2%), LATAM Airlines Group (LFL +3.2%), Air Canada (OTC:AIDFF) +8.9%
Cathay Pacific Airways is managed and controlled in Hong Kong. Through its subsidiaries, Co. is engaged in airline catering; aircraft handling and engineering; computerized reservation systems and related services; cargo airline; property investment; travel tour operator; financial services;... More
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