European carriers rebound, British Airways, Aer Lingus, Lufthansa and Air France-KLM gain
Aer Lingus Chairman, Colm Barrington recently stated the carrier requires another EUR130 million in cost cuts to remain viable. Cost cuts may focus on its trans-Atlantic network and ground handling. The carrier is expected to release its 1H2009 financial results on 27-Aug-09.
Europe selected airlines daily share price movements (% change): 20-Aug-09