Shares in fast-growing Norwegian Air Shuttle are sinking, as investors worry about the state of the airline's finances. The carrier's shares fell 11.1% yesterday (following a 9.5% fall on Friday), as it unveiled a EUR17.1 million net loss for the three months ended 31-Dec-08, despite an 11% increase in passenger numbers in the period.
Elsewhere, SkyEurope shares soared 13.3%, although the reasons for the leap are not immediately apparent.
European selected airlines daily share price movements (% change): 23-Feb-09
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