20-Jul-2009 1:35 PM
Lufthansa and Austrian gain, Air France-KLM flat, British Airways recovers
Analysis
Shares in Lufthansa gained 0.3% on Friday as the carrier announced plans to achieve additional cost savings of EUR1 billion by the end of 2011, as part of continuing cost cutting efforts. The new measures will be detailed and introduced over the coming weeks. Lufthansa will also review the delivery schedule of aircraft orders from 2010.
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