Europe’s Cheap Airline Stocks Fail to Get a Peak Season Boost

Biden’s Fourth of July Shrouded by Pressure to Drop 2024 BidAir France-KLM and Norwegian Air Shuttle ASA both gave investors warnings this week about business conditions ahead that suggest the industry will continue to face tough times. Strikes, high costs and issues with aircraft deliveries have also plagued Europe’s carriers.

To be sure, Stephen Furlong, an analyst at Davy, said airline stocks tend to fare better at the end of the year and the current run of weak performance isn’t unusual. All eyes are now on the major European carriers reporting earnings this month. Ryanair will be the first to release results for the first quarter on July 22, followed by EasyJet and Air France-KLM earnings the same week.

Nancy Pelosi disclosed stock market trades made by her husband. He loaded up on AI plays like Nvidia and sold Tesla.

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Europe’s Cheap Airline Stocks Fail to Get a Peak Season BoostThe high season for summer travel has been abysmal for European airline shares so far.
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Janus Henderson Bets on Still-Cheap Japanese Financial StocksJapanese financial firms still look undervalued despite their steady gains in the past year, with rising dividend payments making them a good investment, according to a Janus Henderson Investors portfolio manager.
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Janus Henderson Bets on Still-Cheap Japanese Financial Stocks(Bloomberg) -- Japanese financial firms still look undervalued despite their steady gains in the past year, with rising dividend payments making them a good ...
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