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13-Feb-2009 11:15 AM

Austrian Airlines drops on weak Vienna traffic report - share wrap

Analysis

Austrian Airlines shares fell 2.9% ahead of the announcement of its Jan-09 traffic results. Vienna Airport reported double-digit declines in traffic last month, fuelling investor concerns Austrian's traffic report could be bleak.

Finnair dropped 2.9%, while Vueling gave up half of its gains the previous day, falling 7.4%.

European selected airlines daily share price movements (% change): 12-Feb-09

Source: Centre for Asia Pacific Aviation & Yahoo! Finance.

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