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Thursday 19 February 2015 8:50 pmAir France-KLM hit by euro as it speeds up cutsBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferr [url=https://www.stanleycup.at]stanley thermobecher[/url] edsource on GoogleAir France-KLM yesterday announced it would embark on an accelerated cost-cutting exercise and defer its debt reduction goals as a weak euro has dampened the benefits of lower oil prices for airline [url=https://www.polenes.com.es]polene espana[/url] s globally.Europersquo second largest traditional network carrier, which issued three profit warnings last year, also announced plans to cut investments and delay some aircraft deliveries as it posted lower 2014 revenues and core profits.Although lower oil prices have boosted airline balance sheets worldwide, Air France-KLM expressed concerns about currency swings and overshy;capacity in some long-haul markets. [url=https://www.brumates.us]brumate cup[/url] The Franco-Dutch group said it would bolster its recently launched Perform 2020 strategic plan, by reducing investments by euro;300m pound;195m a year in both 2015 and 2016, and confirmed it would cut the equivalent of 800 further jobs through voluntary measures.It revised up its unit cost reduction target for 2015-17 to an average of 1.5 per cent a year, instead of a previous goal of between one and 1.5 per cent a year. For 2015, the group intends to cut unit costs by one to 1.3 per cent, saving between euro;250m and euro;300m.It now targets net debt of euro;5bn at the end of 2015, rather than euro;4.5bn targeted previou Spyu What doesn rsquo;t kill you makes you stronger Housebuilder shares stage partial recovery
Monday 20 September 2010 9:19 pm|Updated:Thursday 30 May 2019 10:42 amUS homebuilder confidence remains stuck at rock bottomBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd [url=https://www.cups-stanley-cups.com.de]stanley quencher[/url] as a preferredsource on GoogleAMERICAN homebuilder confidence remained unchanged in September, having fallen to its lowest level for 18 months in August, as concern about the rate of foreclosures and poor job prospects continued to dampened demand, a report said yesterday.The National Association of Home Builders NAHB report showed homebuilders felt there was little reason for optimism with the gauge unchanged at 13 in September, its lowest level since March 2009.NAHB chief economist David Crowe acknowledged there were legitimate concerns about the US housing market but was more optimistic about future months. He said: Builders report that the two leading obstacles to new-home sales right now are consumer reluctance in the face of the poor job market and the large number of foreclosed properties for sale, suggesting a moderate improvement in the job market will help boost consumer confidence and improve conditions for new-home sales in this yearrsquo final quarter.Regionally, across the US, homebuilder confidence fell t [url=https://www.stanley-cups.pl]stanley kubek[/url] wo points in the Northeast and three points in the Midwest, to 16 and 12, respectively. The South posted a two-point improvement to 14, while the [url=https://www.polenes.ca]polene canada[/url] West remained unchanged, at 8.Share this |
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