Airline shares saw vastly differing fortunes yesterday on a day when London’s main indices moved in opposite directions. The FTSE 100 index added 21.1 points to close at 4468.1, while the broader-based FTSE 250 lost 20.5 points to end the day at 6029.9. Shares in Ryanair lost around 30 per cent of their value, closing 145.62p down at 323.18 after a profits warning; easyJet also had a hard time and dropped 28p to close at 327p. By way of contrast, British Airways gained 13.75p to end the day at 305p. Alpha Airports 84p UP 1.5p BAA 507.5p UP 2p British Airways 305p UP 13.75p Carnival 2469p UP 14p De Vere 411.25p DOWN 5.05p EasyJet 327p DOWN 28p Ebookers 442.25p DOWN 5.75p EuroDisney 30p NO CHANGE Eurotunnel 39p DOWN 1p First Choice 137p UP 2.25p Hilton Group 229.75p UP 1p Holidaybreak 560p DOWN 8p Intercontinental 530p DOWN 10.5p Jarvis Hotels 146p NO CHANGE Jury’s Doyle 692.43p DOWN 8.35p Lastminute.com 221p UP5p MyTravel 14p NO CHANGE P&O 237p DOWN 0.5p Queens Moat 8.5p NO CHANGE Rank Group 314.5p UP 12p Ryanair 323.18p DOWN 145.62p Stagecoach 83.5p DOWN 2.25p TBI 61p DOWN 0.25p
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Travel Stockwatch
•Thursday, 29 January 2004•3 min read
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