01-Oct-2010 5:44 PM
SAS to pay Norwegian damages; Lufthansa eyes LOT Polish Airlines
Analysis
European airline shares were mostly down on Thursday (30-Sep-2010) after wider markets fell for a fourth consecutive session. Markets declined after Ireland's Government announced that financial institutions AIB, Anglo Irish Bank and Irish Nationwide will require more funding from the state, a move which will see Ireland's deficit increase to 32% of GDP this year, outweighing positive economic data in the US.
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