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Shares in easyJet increased from 36.7p to 379.25p, while British Airway's share price climbed by 11.5p to 273.25p, reports the Independent.
In other share price news, the FTSE 100 was up 17.9 points to 5,620.7,while the FTSE 250 increased by 134.1 points to 9,543.6.
Among the other beneficiaries of the fall in fuel prices was J Sainsbury whose shares rose by six per cent to 370p.
David Jones, market strategist at IG Index, said the share price of previous safe havens, such as BG Group and Anglo American, still look vulnerable.
"With opinion still split on whether there is worse news to come from the major economies, this could well signal choppier trading in the weeks to come, with little overall direction," he commented.
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