Equities bounce, bank lending deep freeze thaws (a bit)
The Dow Jones Industrial Average enjoyed its biggest one-day point gain ever on 13-Oct-08, while markets in Europe, including France, also enjoyed record gains, with several double-digit percentage point gains, in a wave of panic buying. The vastly improved sentiment from last week has helped to put a thaw into inter-bank lending rates – but not enough to declare the problems are now behind us. A string of very positive economic and corporate news is required to sustain any upward trend. Still, it is good to see a positive day, even if oil prices rallied with the general market sentiment, taking the shine off for airlines.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.