Airline shares gain again
Airlines has a very positive session yesterday as London’s equity markets pushed ahead.
The FTSE 100 index added 17.8 points to end the day at 4893, while the broader-based FTSE 250 did even better, gaining 63.8 points to close at 6807.
British Airways gained 7.5p to close at 254p prior to today’s annual fnancial results, easyJet put on 3.75p to 239p, and Ryanair added 9.5p for a closing price of 399.5p.
Lastminute.com gained another 12.5p after yesterday’s confirmation of a takeover by Sabre Holdings, with lastminute’s boss Brent Hoberman claiming in the Daily Mail that shareholders have “done quite well” out of the deal. Except those who bought at the year-high price of 193.75p, of course – or those who paid 215p when the stock was floated in the first place …
Alpha Airports 94p NO CHANGE
Avis Europe 70.5p UP 1p
BAA 598.5p UP 5p
British Airways 254p UP 7.5p
CNG Travel Group 53p NO CHANGE
Carnival 2807p UP 54p
CenterParcs 59.75 DOWN 0.25p
De Vere 534p UP 4p
EasyJet 239p UP 3.75p
ebookers 319.5p NO CHANGE
EuroDisney 8.5p NO CHANGE
Eurotunnel 12.75p DOWN 0.5p
First Choice 168p UP 2p
Hilton Group 272.75p UP 6.5p
Holidaybreak 624.5p DOWN 0.5p
Intercontinental 623.5p UP 5p
Lastminute.com 165.5p UP 12.5p
MyTravel 6p NO CHANGE
P&O 278.75p UP 0.75p
Rank Group 253.5p UP 3.5p
Ryanair 399.5p UP 9.5p
Stagecoach 105.25p DOWN 0.5p
Report by Tim Gillett, News From Abroad Ltd www.newsfromabroad.com
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