Air France is clearly benefiting from economies of scale. They're expecting their fuel bill to rise, but they're compensating with hedges and also with fuel surcharges on tickets. |
Air France is clearly benefiting from economies of scale. They're expecting their fuel bill to rise, but they're compensating with hedges and also with fuel surcharges on tickets. |
Commodities have been one of the very strong sectors and maybe they are overestimated by now. What we've seen in terms of gains is not normal. |
This is a substantial revision. All is moving in the right direction for shareholders. |