17-Nov-2010 3:38 PM
easyJet beats analyst expectations; British Airways and Finnair down on industrial relations issues
Analysis
easyJet (-4.8%) led the decline in European airline shares on Tuesday (16-Nov-2010) despite beating analyst expectations for its FY2009/10 financial results. The LCC reported a net profit of GBP121.3 million for the 12 months, compared with GBP71.2 million in the previous corresponding period. Analysts had expected the carrier to report a profit of GBP114 million.
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