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British Airways down; Government looking to privatise Turkish Airlines; Aeroflot gains on World Cup

Analysis

British Airways (-1.9%) declined with the majority of European airline shares on Friday (03-Dec-2010) after reporting a 1.2ppt year-on-year decline in load factor for Nov-2010 to 74.7%. The decline was led by a 5.3ppt reduction in Asia Pacific load factor to 80.9%. However, the region remained BA's highest load factor among its regions. UK/Europe routes reported a 3.3ppt rise in load factor to 68.5%.

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