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SkyEurope lives again on possible buyout. easyJet, Austrian slip. European airline shares

Analysis

European stock markets were down on 12-Dec-08, despite the European Union's announcement of a EUR200 billion economic stimulus anti-recession plan. London's FTSE lost 108.34 points (-2.47%) closing at 4280.35. In Paris the CAC 40 fell 92.53 (-2.80%) to 3213.6, while the Frankfurt DAX 30 lost 103.83 (-2.18%), closing at 4663.37.

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