Decrease in the efficiency of airlines

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European carriers lose their profits

July 9. European airlines are losing money in the stock markets.

As noted, the trading session held on Tuesday strongly affected the cost of shares of many European air carriers. Thus, AirFrance-KLM Group lost about 8.7% of the value of its shares; The value of securities of the International Consolidated Airlines Group, which is the founder of the British aviation giant British Airways, fell by 6.6%; British airline EasyJet lost about 2.4% of the value of its securities.

It is assumed that due to a sharp decline in the quotations of securities of some of the leading airlines in Europe, this may lead to a decrease in profits this year, which will certainly hit the ratings of air carriers.

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