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British Airways and easyJet shares lower, airberlin jumps 5.3% - European wrap

British Airways and easyJet shares fell 4.9% and 4.6%, respectively, as the broader London FTSE eased 1.4% on fears of an extended recession in the UK.

Air France-KLM shares were also 2.9% lower. The airline is reported to be in negotiations with India's Kingfisher Airlines over a 20-25% stake sale that could be made possible by foreign airline ownership changes by Delhi.

Air Berlin shares rose 5.3%.

European selected airlines daily share price movements (% change): 15-Jan-09