05-Feb-2010 3:24 PM
Austrian Airlines to be delisted soon; Vueling and Iberia fall with wider market
Analysis
European stock markets took a hammering on Thursday (04-Feb-2010), falling the most in ten weeks, and taking airline stocks down with them. Shares were affected by a decline in the banking sector, on concerns of peripheral Euro countries' debts. Also during trading, the Euro Central Bank kept interest rates at 1.0%, as expected, while the Bank of England also kept rates on hold at 0.5%.
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