Iberia talks bullish and market cap rises; European airline share prices

Falling oil prices, a rising stock market and some positive talk from Caja Madrid Chairman, Miguel Blesa, saw BA's price rise 5.8% and merger prospect Iberia an even better improvement of 8.4%.

In these reasonably benign conditions, it was enough for him to just to say that the talks were still ongoing - even if there were differences outstanding.

But there was no such good news for SkyEurope....

European selected airlines share price movements (% change): 28-Nov-08