23-Nov-2010 2:47 PM
Aegean Airlines results affected by Greece’s economic condition; easyJet up; British Airways down
Analysis
Aegean Airlines (+0.3%) made a slight gain in a day of mixed trading for European airlines on Monday (22-Nov-2010), despite reporting a net loss for the first nine months of 2010. The carrier reported a net loss of EUR8.4 million for the period, compared with a profit of EUR37.7 million in the previous corresponding period. The result was on the back of a 3% year-on-year decline in revenue to EUR466.2 million.
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