Air France-KLM Benefiting From Lower Fuel Costs -- Market Talk
Dow Jones
Apr 30, 2025
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)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.