13-Sep-2010 2:40 PM
Air France-KLM gears up competition against LCCs; Lufthansa sees Gulf carriers as threat
Analysis
European airline shares were mixed on Friday (10-Sep-2010) as wider markets slipped with a decline in the banking sector ahead of the release of the Basel III rules on capital requirements. A solid gain in oil prices (+3.0%), to USD76.45, also pushed some airline shares lower.
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