Advertisement
UK markets close in 4 minutes
  • FTSE 100

    8,145.94
    -1.09 (-0.01%)
     
  • FTSE 250

    20,003.69
    -81.10 (-0.40%)
     
  • AIM

    761.47
    -1.86 (-0.24%)
     
  • GBP/EUR

    1.1712
    -0.0000 (-0.00%)
     
  • GBP/USD

    1.2524
    -0.0038 (-0.30%)
     
  • Bitcoin GBP

    50,119.69
    -539.11 (-1.06%)
     
  • CMC Crypto 200

    1,304.43
    -34.64 (-2.59%)
     
  • S&P 500

    5,084.65
    -31.52 (-0.62%)
     
  • DOW

    38,099.97
    -286.12 (-0.75%)
     
  • CRUDE OIL

    81.86
    -0.77 (-0.93%)
     
  • GOLD FUTURES

    2,309.50
    -48.20 (-2.04%)
     
  • NIKKEI 225

    38,405.66
    +470.90 (+1.24%)
     
  • HANG SENG

    17,763.03
    +16.12 (+0.09%)
     
  • DAX

    17,936.47
    -181.85 (-1.00%)
     
  • CAC 40

    7,982.08
    -83.07 (-1.03%)
     

BUZZ-European airlines: CS sees fuel price benefits in focus

** Credit Suisse (NYSE: CS - news) sees pricing power becoming a key theme for European airlines investors as lower fuel costs translate to competitive pricing dynamics.

** Cuts Air France-KLM to "underperform", cuts TP to 6.75 euros

** CS estimates International Airlines Group should retain about 58 pct of 2015 fuel price benefits, says stock remains top pick in the sector

** Says Lufthansa likely to pass on about 92 pct of 2015 fuel price benefits to passengers. Cuts the stock to "underperform", lifts TP to 12.55 eur

** Shares (Dusseldorf: DI6.DU - news) in Lufthansa down 1.3 pct in pre-market trade at Lang & Schwarz, compared with DAX index down 0.3 pct

** Hikes TPs on Ryanair and easyJet to 11.65 eur and 1,930 pence, respectively, as demand for low-cost seats continues to outstrip legacy (RM (LSE: RM.L - news) : maria.sheahan.thomsonreuters.com@reuters.net)