24-Dec-2008 12:23 PM
SkyEurope, Vueling, Air France-KLM & Norwegian: Europe's worst performers in 2008: Share price wrap
Analysis
European airline shares were hammered in 2008. With just a few days trade remaining, Air France-KLM was hit hardest (-60%) of the listed full service airlines, mainly due to investor concerns over its growth and earnings outlook - and perhaps a lack of deal making. Main continental rival, Lufthansa, has acquired several carriers this year and is sniffing around for more, such as SAS (-55%) and investors marked the German airline down (only) 42%.
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