British Airways jumps on possible job cuts, Austrian falls on insolvency fears
BA reported premium traffic fell 13.7% in Jan-09 year-on-year. The airline is considering capacity cuts for the upcoming Winter season.
Meanwhile, Austrian Airlines' state-owned parent, OeIAG, stated the airline could become insolvent if a planned takeover by Lufthansa falls through. The airline's shares sank 9.6%.
European selected airlines daily share price movements (% change): 06-Feb-09