Reported about 7 hours ago
European airlines, led by Lufthansa and Air France-KLM, saw their shares soar following a strong fourth quarter, signaling a recovery after the struggles of 2024. Improved passenger traffic and reduced fuel costs contributed to better-than-expected results, reversing the downward trend from the previous year. Despite needing further improvements, both airlines are optimistic about growth in 2025 with increased demand and new aircraft deliveries.
Source: YAHOO