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Airline shares rise as oil price drops

Thursday, 7 April 20053 min read

Travel and tourism shares failed to make any real headway yesterday on a day when London’s main equity indices moved ahead.

The FTSE 100 index added just 4.5 points to end the day at 4947.4, while the FTSE 250 did much better and gained 54.2 points to end the day at 7217.5.

The most significant move came at British Airways, which added 5.5p to close at 267.5p as oil prices dropped. EasyJet and Ryanair also did well, adding 6p to 214.75p and 2.75p to 416.75p respectively.

Alpha Airports 95.5p UP 0.5p

Avis Europe 67.75p DOWN 2.25p

BAA 589.5p DOWN 3p

British Airways 267.5p UP 5.5p

CNG Travel Group 64p DOWN 0.5p

Carnival 2878p UP 42p

CenterParcs 65p UP 2.25p

De Vere 562p UP 10p

EasyJet 214.75p UP 6p

ebookers 319.5p NO CHANGE

EuroDisney 9.5p NO CHANGE

Eurotunnel 15.5p UP 0.25p

First Choice 174.5p UP 0.5p

Hilton Group 297.25p DOWN 2.5p

Holidaybreak 630p DOWN 12p

Intercontinental 622.5p DOWN 2p

Lastminute.com 118p UP 1.25p

MyTravel 5.5p NO CHANGE

P&O 287.75p UP 4.25p

Rank Group 285p UP 5.8p

Ryanair 416.75p UP 2.75p

Stagecoach 107p UP 2p

Report by Tim Gillett, News From Abroad Ltd www.newsfromabroad.com