04-Mar-2009 11:37 AM
British Airways and Ryanair caught up in FTSE rout - share wrap
Analysis
British Airways and Ryanair shares were battered down 4.9% and 4.8% yesterday, respectively, as the FTSE 100 Index fell a further 3.1% - on top of Monday's 5.3% rout.
Ryanair's former takeover target, Aer Lingus, meanwhile rose 6.3% as the carrier announced plans to launch seven new routes from London Gatwick Airport in Apr-2009 to destinations such as Vienna, Nice and Faro.
European selected airlines daily share price movements (% change): 03-Mar-09
Source: Centre for Asia Pacific Aviation & Yahoo! Finance.