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easyJet down on weak result, "profitable" outlook. Air France-KLM, SAS lead market up - Share Wrap

Analysis

On a favourable market day, Air France (+8.7%) and SAS (+8.7%) led the airline sector up, while easyJet, despite a moderately confident profitable outlook, was the worst performer, as its interim report for the six months ended 31-Mar-09 disappointed the market and another bout of 'Steliosis' emerged (more rumblings from Director, Sir Stelios Haj-Ioannou, about over-reaching the carrier).

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