Air France-KLM looking at more consolidation opportunities
Air France-KLM is reportedly considering a new organisational structure that would enable it to make more acquisitions and better integrate its current JV. The CEO of the carrier, Pierre-Henri Gourgeon, reportedly aims to move it towards more consolidation and has a "more international vision" of the company. Shares in Air France-KLM eased 0.5%.
In trading on Wednesday, shares in Aer Lingus dropped 4.4%. The carrier cautioned earlier in the week that its 2011 profit may not match 2010 levels, due to the affect of higher fuel prices.
Selected EAD daily share price movements (% change): 02-Mar-2011