Aer Lingus looks for airline to purchase Irish Government’s stake; Iberia and Lufthansa up

European airline shares advanced on Monday (20-Sep-2010), despite a rebound in oil prices (+1.6%) to USD74.86. Airline shares were boosted by gains in the wider markets, after the National Bureau of Economic Research stated the US recession is well and truly over and concerns over euro zone sovereign debt were eased.

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