0911 GMT - Air France-KLM is enjoying a tailwind from lower fuel costs, Davy Research analysts Stephen Furlong and Ava Costello say in a research note. The Franco-Dutch carrier's first-quarter loss narrowed by 161 million euros, with all businesses contributing to a 7.7% rise in revenue, they note. The outlook implies a consistent trend in bookings despite market uncertainty, the analysts add. The company also ends the first quarter with a strong quantity of in-hand cash standing at 9.3 billion euros. Shares trade 1.9% higher at 7.61 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 05:11 ET (09:11 GMT)
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