Airline shares fall on oil price rise

There were mainly small falls for travel and tourism shares yesterday as London’s equity markets slipped back. The FTSE 100 index lost 25.1 points to close at 4722.8, while the FTSE 250 fell 20.5 points to end the day at 6635.5. Among the biggest moves – relatively speaking, that is – came at British Airways, which dropped 4.25p to finish at 227.25p as the price of crude oil rose once more. Ryanair also suffered, dropping 7.39p to close at 381.21p. Alpha Airports 93p NO CHANGE BAA 587.5p DOWN 2.5p British Airways 227.25p DOWN 4.25p Carnival 2995p UP 3p De Vere 451.25p DOWN 3p EasyJet 184p Down 0.5p ebookers 314.25p UP 0.25p EuroDisney 18p NO CHANGE Eurotunnel 17.75p DOWN 0.25p First Choice 138.75p UP 2.5p Hilton Group 258.75p DOWN 2.75p Holidaybreak 550p DOWN 7p Intercontinental 669p UP 3p Lastminute.com 114.5p DOWN 0.75p MyTravel 4.5p DOWN 0.125p P&O 305.25p DOWN 0.75p Rank Group 305.5p DOWN 0.75p Ryanair 381.21p DOWN 7.39p Stagecoach 97.75p DOWN 0.75p TBI 91.75p NO CHANGE Report by Tim Gillett, News From Abroad Ltd