Aer Lingus’ shares dropped 6.4% yesterday as Ryanair (-2.0%) CEO, Michael O’Leary told Germany’s Der Spiegel magazine that the carrier intends to order or take firm options on up to 300 new aircraft from Boeing or Airbus by the end of the year.
British Airways’ shares eased 2.2% as the carrier failed to complete negotiations with its largest union, Unite. Negotiations will reportedly resume today (01-Jul-2009), despite BA’s self imposed deadline of 30-Jun-2009 passing for the completion of union talks.
Elsewhere, SkyEurope’s volatility continued after it sought creditor protection last week.
Europe selected airlines daily share price movements (% change): 30-Jun-09
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