British Airways reports surprise profit, Vueling suffers over concerns for Spain’s debt
European markets were down for a second day on Friday (05-Feb-2010), dragging down airline shares, as investors continued to express concern over debt in Eurozone countries. Early in trading, investors were also concerned ahead of US unemployment data, released later in trading. However, the data showed an unexpected drop in unemployment, to 9.7% in Dec-2009. Oil prices slid 2.7% to USD71.19 per barrel in New York.
