Airline stocks came under pressure in trading yesterday. Cathay Pacific Airways tumbled 7.2% to HK$22. The stock has been among the best performers in Hong Kong this year with a rise of more than 50%. Air China shed 5.9% to HK$8.36.
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MALAYSIA AIRLINES HIT BY FUEL COST, JAPAN’S CRISIS
By
Dino D'Amore
15th April 2011