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Europe’s Airline Majors Are Having a Great 2017

  • Air France-KLM shares rise most in 3 years on quarterly basis
  • More upbeat guidance, long-distance flight demand supportive
The Deutsche Lufthansa AG logo sits on the tail fins of passenger jets on the tarmac at Frankfurt Airport, operated by Fraport AG, in Frankfurt, Germany, on Monday, Sept. 26, 2016. Lufthansa is nearing an agreement to operate airplanes now flying under the Air Berlin Plc banner, according to two people with knowledge of the matter, letting Lufthansa bolster its discount flights as Air Berlin cuts back its routes.
Photographer: Alex Kraus/Bloomberg Test /Bloomberg

Now look who’s laughing.

After years of losing business to discount airlines, the major carriers in Europe are gaining strength and outperforming in stock markets.