Decrease in the efficiency of airlines

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European carriers lose their profits


9 July. European airlines are losing their money in 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 Airwaysdropped by 6.6%; The 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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