10-Jul-2009 1:50 PM
Air France-KLM gains on talks of cost reductions, British Airways higher, while Lufthansa stumbles
Analysis
Shares in Air France-KLM gained 0.4% yesterday as investors welcomed the carrier's confirmation of plans to further reduce employee costs over the coming years. Air France-KLM CEO, Pierre-Henri Gourgeon, told Bloomberg, the carrier will continue to reduce its employee headcount at a "similar rhythm in the years to come".
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