Travel industry shares had a hard time of things once again yesterday as London’s equity markets slumped.
The FTSE 100 index lost 0.8 per cent of its value, losing 34.2 points to close at 4202.2, while the FTSE 250 dropped 71.3 points to 5661.4 – a decline of 1.4 per cent.
Airline shares suffered as fears of higher oil prices took effect; British Airways dropped 7p to close at 172.75p, easyJet lost 9p for a 229p finish, and Ryanair closed at 412p after losing 7.5p.
Online concerns fared little better; ebookers lost 16.5p to close at 548.5p while its rival lastminute.com dropped 11.5p to end the day at 270p.
First Choice Holidays managed to put on half a penny to end the day at 122.5p, and MyTravel closed at 20.5p, a penny down on the day.
