Turkish Airlines reports 51% decline in net profit; SAS sets price of rights issue

The majority of European carriers' shares were up on Tuesday, (06-Apr-2010) moving higher with the wider markets, which established fresh 2010 highs. European share markets gained on positive data from the US suggesting the country's economy is now on a solid path to recovery. The rise in airline shares occurred despite a 0.3% increase in oil prices, to USD86.84.