The FTSE 250-listed firm skidded 14% or 267p to 1646p after figures for the June quarter showed growth in ticket revenues per available seat kilometre below City expectations at 3.2%. It also reported a 44% drop in profits.
Other strugglers in a packed session for results included wealth manager Schroders, which fell 26.5p to 366.3p in the FTSE 100 after half-year revenues came in short of hopes. GKN Aerospace owner Melrose Industries also drifted 6% or 34.4p to 554.4p, even though it said it was confident of meeting 2024 and 2025 guidance.
This story is from the August 01, 2024 edition of Evening Standard.
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This story is from the August 01, 2024 edition of Evening Standard.
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