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Low oil prices lift airlines' share prices - International Air Transport Association

Global airline share prices rose four per cent in December and are up 40 per cent for the year, helped by the decline in crude oil and jet fuel prices over recent months.

According to International Air Transport Association (IATA), crude oil prices halved by the end of 2014 and have fallen a further 17 per cent in January, reflecting appreciation of the US dollar as well as continued growth in supply.

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