British Airways continues to rise, Finnair gains, Turkish soars
British Airways' shares rose strongly last week, following the release of its Nov-2009 traffic report, adding a further 2.8% on Friday.
Citigroup raised its target price from 250p to 280p, while Deutsche Bank also raised its price. See related report: British Airways sees volumes and yields stabilising in Nov-2009
Finnair's shares gained 1.1% as a five-day strike by ground handling staff came to an end.
Austrian Airlines' shares gained 14.8% amid the continued squeeze out of small shareholders by Lufthansa, despite a significant increase in competition from Vienna flagged by NIKI from early 2010.
Turkish Airlines soared 6.5% on Friday. It announced new Star Alliance partner, Continental Airlines has become the 24th member of its Miles&Smiles frequent flyer programme.
Europe selected airlines daily share price movements (% change): 04-Dec-09
Source: Centre for Asia Pacific Aviation & Yahoo! Finance