Airline easyJet is the biggest loser among second-liners as the volcano cloud across Europe continues to ground planes.

Taking collateral damage is Frankie & Benny's owner The Restaurant Group, which has a number of its biggest earning restaurants located in airports.

Pace's trading update has been given a frosty reception. The set-top box maker expects another good year with margins higher and sales growth in single mid-digits though the the World Cup will bring forward some revenues into the first half.

Not all travel stocks are suffering. Shares in bus and rail operator Arriva are lifted by talk of a bid from the German rail operator Deutsche Bahn. Peer FirstGroup is also going well.

Shares in Britvic are fizzing after broker Morgan Stanley raised its target price on the company to 520p from 340p with its rating upped to 'overweight' from 'equal-weight'.

'We think signs of a market recovery together with a real focus on top-line and margin expansion should lead to earnings growth in the mid to high teens for the next few years,' the broker says.

FTSE 250 - Risers
Arriva (ARI) 758.50p +2.99%
Senior (SNR) 108.90p +2.54%
Britvic (BVIC) 475.00p +2.50%
FirstGroup (FGP) 378.60p +2.16%
Yell Group (YELL) 57.50p +2.13%
Atkins (WS) (ATK) 677.00p +1.27%
Telecity Group (TCY) 408.70p +1.24%
Galiform (GFRM) 76.80p +1.19%
Brewin Dolphin (BRW) 139.90p +1.16%
Genus (GNS) 702.50p +1.01%

FTSE 250 - Fallers
easyJet (EZJ) 456.50p -4.46%
Restaurant Group (RTN) 229.80p -4.25%
Pace (PIC) 189.00p -4.06%
Bodycote (BOY) 203.00p -3.70%
Filtrona PLC (FLTR) 203.10p -3.56%
Hochschild Mining (HOC) 278.20p -3.40%
Millennium & Copthorne Hotels (MLC) 461.80p -2.94%
Brit Insurance Holdings NV (BRE) 781.00p -2.80%
JPMorgan Asian Inv Trust (JAI) 205.10p -2.80%
Petropavlovsk (POG) 1,206.00p -2.74%

Related share prices
FirstGroup (FGP) share price
Pace (PIC) share price
TR European Growth Trust (TRG) share price
Aurora Investment Trust (ARR) share price
easyJet (EZJ) share price
Britvic (BVIC) share price