10-Jun-2009 10:50 AM
Vueling and Thomas Cook jump, British Airways, Air Berlin & Lufthansa lower, Air France-KLM tumbles
Analysis
Air France-KLM shares dropped 5.2% yesterday (following Monday's 3.4% fall), as investors digested the carrier's weak May 2009 traffic report (see below). Passenger load factors fell 2 ppts, while the cargo segment showed "further signs of stabilisation". RBS cut its rating on the stock from "buy" to "hold".
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