14-Apr-2009 11:11 AM
Air Berlin bounces back, Iberia higher – SHARE WRAP
Analysis
Air Berlin's shares bounced back last Thursday by 11.5% after a 7.5% fall the previous day when the carrier announced passenger numbers fell 6% in March and load factors fell 3.7 ppts to 74.1%.
Iberia's shares rose 1.2% last Thursday. At the weekend, the airline announced plans to cut 1,200 jobs at its airport-services unit, as part of its turnaround plan.
For daily updates on American aviation stock prices and a complete wrap of the day's breaking news, sign up now for a complimentary subscription to America Airline Daily.
European selected airlines daily share price movements (% change): 09-Apr-09
Source: Centre for Asia Pacific Aviation & Yahoo! Finance