27-Jan-2009 11:48 AM
British Airways shares hit turbulence, while Air France-KLM regain ground.
Analysis
British Airways shares were shunned by the market yesterday, losing 8.5%, after the carrier issued a brief update, blaming the pound's decline for further deterioration of its financial position, which will mean operating losses of GBP50 million for 3Q09 and GBP150 million for the full year to 31-Mar-09.
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