Become a CAPA Member
Loading
01-Dec-2008 5:00 PM

Iberia talks bullish and market cap rises; European airline share prices

Analysis

Falling oil prices, a rising stock market and some positive talk from Caja Madrid Chairman, Miguel Blesa, saw BA's price rise 5.8% and merger prospect Iberia an even better improvement of 8.4%.

In these reasonably benign conditions, it was enough for him to just to say that the talks were still ongoing - even if there were differences outstanding.

But there was no such good news for SkyEurope....

European selected airlines share price movements (% change): 28-Nov-08

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

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More