British Airways and Aer Lingus jump, Lufthansa, Austrian and Air France-KLM dip

Shares in British Airways jumped 5.0% on Friday, as CEO, Wille Walsh, assured investors that while yields are likely to be under further pressure in 2QFY2009/10, the carrier has stabilised its volumes and passenger seat factors. The carrier reported an operating loss of GBP94 million for the three months ended 30-Jun-09 (compared to a profit of GBP35 million in the previous corresponding period). Yield per RPK declined by 9.7%, while revenue dropped by 12.2%, resulting in a 6.2 ppts fall in operating margin.