easyJet gets lift from British Airways’ comments on premium traffic

Global equity markets were sharply higher yesterday, with LCCs gaining virtually across the board. easyJet led the way, rising 4.6% as British Airways reported a 4.3% rise in premium traffic last month.

Ryanair rose 3.5%. See related report: Ryanair changes direction, seeks more business passengers

Norwegian was also higher, closing up 3.8% on the day.

Selected LCCs daily share price movements (% change): 05-Oct-2010