25-May-2009 5:20 PM
British Airways provokes North Atlantic business war. Air France-KLM loses, Turkish gains
Analysis
British Airways (-3.8%) has targeted the business class market on US routes after reporting a particularly weak first quarter result (see below). Air France-KLM (-3.3%) also lost ground, but SkyEurope (+9.3%) and Aer Lingus (+6.1%) also continued a brief revival. Turkish Airlines (+6.8%) gained strongly on announcement of a cash dividend payment (See below). The rapidly growing carrier's Kevin Costner TV commercials have been a big hit too.
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