My Account Menu

CAPA Login

Register to trial CAPA Membership!

Norwegian Air up, Aer Lingus slides and SAS may have more upside: European share price wrap


After announcing strong growth - but reduced load factors - last week, Oslo-based LCC, Norwegian Air Shuttle performed well yesterday, up 8%, and Aer Lingus, still buffeted by Ryanair's bidding and hints of an alternative strategy for the LCC, made the weakest showing of the day, falling 4.1%. Ryanair continues to show strength, with a 4.3% rise.

Meanwhile, Air France-KLM and SAS (up 3.8% yesterday) have yet to see what the market will think about after-close suggestions that Paris head office may be a bidder for the Scandinavian flag carrier, up against Lufthansa.

European selected airlines daily share price movements (% change): 13-Jan-09

Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.