Great day for airline shares

Monday, 04 May, 2005 0

What goes down must come up again – and, after several tough sessions in succession, London’s equity markets made strong gains yesterday.

The FTSE 100 index posted its biggest gain in more than six months, adding 59.5 points to end the day at 4861.2, while the FTSE 250 had a similar session, putting on 58 points to close at 6786.9.

Airlines were among the biggest winners: British Airways put on 5.5p to close at 243.5p despite warnings that it is about to receive its biggest fuel bill in 10 years;

EasyJet gained 8.75p to finish at 225.5p; and

Ryanair finished at 388p, up 6.75p.

Alpha Airports 96.5p NO CHANGE Avis Europe 70p DOWN 0.75p BAA 583.5p UP 4p

British Airways 243.5p UP 5.5p

CNG Travel Group 62p NO CHANGE Carnival 2750p UP 70p

CenterParcs 58.5p NO CHANGE De Vere 520p UP 5p

EasyJet 225.5p UP 8.75p

ebookers 319.5p NO CHANGE EuroDisney 9p DOWN 0.5p

Eurotunnel 12.25p DOWN 0.5p First Choice 167.75p UP 2.75p

Hilton Group 280p UP 6.5p

Holidaybreak 640p DOWN 3.5p

Intercontinental 629p UP 6p Lastminute.com 106.25p DOWN 0.5p