Travel Stockwatch - TravelMole


Travel Stockwatch

Thursday, 04 Jul, 2003 0

As the FTSE 100 index struggled to stay above the 4,000-point barrier yesterday, travel industry shares showed widely varying results on the day’s trading.

BA was riding high, with the third largest gain of the day, closing up 5.5 percent and 8.5p to finish on 163p after a strong set of traffic figures. Markets were undismayed by BA’s accompanying statements warning of weaker revenues in the first quarter than in the same period last year, and may have been buoyed by comments from Dutch Airline KLM that passengers were beginning to return to Asian routes after SARS.

In contrast, Ryanair shares went into a tailspin, ending 7.3 per cent down, closing 31.5p lower at 400p, after reporting disappointing passenger figures, not helped by reports of the approval, in Brussels, of plans forcing all carriers to pay heavy compensation for delayed and cancelled flights.

Rival no-frills airline easyJet saw shares slip 1.2 per cent to 230p with the announcement that founder Stelios Haji-Ioannou had sold 1.9 per cent of the airline’s stock to fund his easyCinema venture.

Elsewhere ebookers surged up 16.50p on the day, closing at 475p and lastminute.com gained 5.00p to end on 179.25p. MyTravel rose 1.25p to 22p, and First Choice Holidays was unchanged at 115p.



 



Most Read

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari