Aegean Airlines down on price target cut; Lufthansa reaches agreement with pilots
European airline shares declined again on Thursday (24-Jun-2010), as wider markets again moved lower. The decline was the result of US Federal Reserve comments that Europe’s debt issues are negatively impacting a US economic recovery. In key markets, UK’s FTSE (-1.5%), France’s CAC (-2.4%) and Germany’s DAX (-1.4%) all declined.
