BA shares take off on premium travel increase
Travel and tourism shares generally enjoyed a positive day yesterday as London’s main equity indices registered modest gains.
The FTSE 100 index added 18.3 points to close at 4824, while the broader-based FTSE 250 gained 5.4 points and ended the day at 6920.9.
The biggest winner was British Airways, which added 11.5p to close at 242.5p – its highest price since July – after the carrier reported an increase in first and business class travel.
BA reported that it carried 2.7 million passengers in December; this was a 1.8% increase on the same month in 2003. Premium traffic was up 6.8% in December over the same month last year while economy passenger numbers rose by 2.7%.
Alpha Airports 88p NO CHANGE
BAA 584.5p DOWN 5p
British Airways 242.5p UP 11.5p
Carnival 3191p UP 40p
De Vere 480p UP 4.5p
EasyJet 199p UP 8p
ebookers 315.75p NO CHANGE
EuroDisney 14p NO CHANGE
Eurotunnel 18.25p UP 1p
Hilton Group 283.5p UP 5.25p
Holidaybreak 614.5p DOWN 8p
Intercontinental 644.5p UP 1.5p
Lastminute.com 118p DOWN 0.25p
MyTravel 7.5p DOWN 0.5p
P&O 301.75p UP 1.25p
Rank Group 270p UP 3p
Ryanair 390.88p UP 6.54p
Stagecoach 114.5p UP 2.25p
TBI 92.25p NO CHANGE
Report by Tim Gillett, News From Abroad Ltd
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