Regional airline stocks continue to regain lost ground

AIRLINE stocks in the region continued to regain lost ground yesterday, even though the industry has yet to come out of what some argue are its toughest operating conditions. 

Already bogged down by the effects of high oil prices, regional airlines have been faced with reduced number of passengers as well, brought about by the war in Iraq. Now, apprehension to travel has been amplified by the fear of Severe Acute Respiratory Syndrome, the pneumonia-like disease has claimed more than 70 lives, mostly in the region.