19-Feb-2010 4:03 PM
Swedish Government to reduce stake in SAS in future; Ryanair expecting “surge” in traffic
Analysis
The majority of European airline shares were down on Thursday (18-Feb-2010), despite a fourth consecutive day of gains in wider European equity markets, thanks to some positive 4Q2009 earnings results. Airline shares were down as oil prices (+1.1%) continued to edge towards the USD80 mark, ending the day at USD78.19.
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