Airline 'Laggard' Air France-KLM Is Best-Performing Europe Stock
- Shares have more than doubled in last year, despite challenges
- Airline recovering from 2016’s strikes, terrorist attacks
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What a difference a year makes at Air France-KLM Group: almost $4 billion in increased market capitalization.
The carrier’s valuation has surged almost 190 percent since hitting a five-year low in September 2016. The Paris-based company’s shares are also the best performers among members of the Stoxx Europe 600 benchmark index this year, with a 20-times greater advance than index’s 7.9 percent gain.