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Franco-Swiss Basel-Mulhouse airport briefly evacuated after bomb alert

UPDATE 2-Franco-Swiss Basel-Mulhouse airport briefly evacuated after bomb alert Adds further Air France comment paragraph 5 By Marine Strauss BRUSSELS, July 26 (Reuters) - The Franco-Swiss airport of Basel-Mulhouse was evacuated and closed for a short while on Friday due to a bomb alert, hours before the start of the Olympics opening ceremony in Paris, airport authoriti es said.
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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How Macron's 'crazy' Olympics ceremony along the Seine came about

UPDATE 1-How Macron's 'crazy' Olympics ceremony along the Seine came about Adds Lallement's office declined to comment paragraph 8 By Michel Rose and Julien Pretot PARIS, July 25 (Reuters) - When early proponents of hosting an unprecedented Olympics opening ceremony along the river Seine first pitched the idea to the then-head of Paris police, he was dead-set against it.
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How Macron's 'crazy' Olympics ceremony along the Seine came about

How Macron's 'crazy' Olympics ceremony along the Seine came about By Michel Rose, Julien Pretot PARIS, July 25 (Reuters) - When early proponents of hosting an unprecedented Olympics opening ceremony along the river Seine first pitched the idea to the then-head of Paris police, he was dead-set against it. "It's madness," Didier Lallement said in 2021, according to two sources, citing the vast logistical and security challenges of throwing such an ambitious event in a city still marked by a series
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Air France-KLM To Raise Sustainable Fuel Surcharge On Plane Tickets As Of Jan. 2025

BRIEF-Air France-KLM To Raise Sustainable Fuel Surcharge On Plane Tickets As Of Jan. 2025 July 25 (Reuters) - Air France KLM SA AIRF.PA : AIR FRANCE-KLM CFO ZAAD SAYS SUSTAINABLE FUEL SURCHARGE ON PLANE TICKETS WILL BE RAISED AS OF JAN. 2025 - PRESS CONFERENCE AIR FRANCE-KLM CFO: SURCHARGE WILL VARY EUR 2-10 IN ECONOMY, EUR 3-30 IN BUSINESS, WITH N
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Global tech outage to cost Air France KLM close to $11 mln, says CFO

UPDATE 1-Global tech outage to cost Air France KLM close to $11 mln, says CFO Adds CFO quote and Delta context, paragraphs 3 and 5 July 25 (Reuters) - Air France KLM AIRF.PA faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday. The group is one of the first airlines to disclose a cost linked to the disruption.
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Global tech outage to cost Air France KLM close to $11 mln, says CFO

Global tech outage to cost Air France KLM close to $11 mln, says CFO July 25 (Reuters) - Air France KLM AIRF.PA faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday The group is one of the first airlines to disclose a cost linked to the disruption. A software update by global cybersecurity company CrowdStrike triggered systems problems that grounded flights, forced broadcasters off air and left customers with
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Air France-KLM misses profit forecast on higher costs

UPDATE 3-Air France-KLM misses profit forecast on higher costs Q2 operating profit 513 mln euros vs forecast 547 mln Sees unit costs up 2% in 2024 vs up 1-2% previously Group cutting discretionary costs, marketing spend Updates share move, adds CFO comments in paragraphs 6 and 12-13 By Stephanie Hamel July 25 (Reuters) - Airline group Air France-KLM AIRF.PA reported a worse-than-expected 30% drop in quarterly operating profit on Thursday, as higher labour and fuel costs erode margins even as rev
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Air France-KLM Q2 Revenues EUR 7.95 Bln (Consensus EUR 7.94 Bln)

BRIEF-Air France-KLM Q2 Revenues EUR 7.95 Bln (Consensus EUR 7.94 Bln) July 25 (Reuters) - Air France KLM SA AIRF.PA : Q2 REVENUES EUR 7.95 BILLION (CONSENSUS: EUR 7.94 BILLION) Q2 OPERATING INCOME AT EUR 513 MILLION (CONSENSUS: EUR 547 MILLION) Q2 NET INCOME AT EUR 165 MILLION Q2 ADJUSTED RECURRING OPERATING FCF AT EUR 134 MILLION, WITH NET DEBT A
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Air France-KLM post Q2 results below expectations, citing fuel price and cost pressures

Air France-KLM post Q2 results below expectations, citing fuel price and cost pressures By Stephanie Hamel July 25 (Reuters) - Airline group Air France KLM AIRF.PA on Thursday reported a worse than expected drop in its operating result, citing unit costs and higher fuel prices, underscoring cost and revenue pressure weighing on the sector. The French-Dutch group's operating result decreased by 220 million euros to 513 million euros ($556.55 million) compared to last year, and below the 547 milli
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Portugal sees market appetite to privatise TAP, preparations underway

Portugal sees market appetite to privatise TAP, preparations underway LISBON, July 24 (Reuters) - Portugal's government wants to privatise flag carrier TAP sooner rather than later to take advantage of market interest in the airline and is moving forward with preparatory work, Infrastructure Minister Miguel Pinto Luz said on Wednesday. He said the privatisation process initiated by the previous centre-left administration "never stopped" after the centre-right government took over in April and th
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Airbus, Air France-KLM, BNP, Partners Invest In SAF Financing Fund

BRIEF-Airbus, Air France-KLM, BNP, Partners Invest In SAF Financing Fund July 23 (Reuters) - Airbus SE AIR.PA : AIRBUS AND PARTNERS INVEST IN SUSTAINABLE AVIATION FUEL FINANCING FUND COMMITMENT FROM THE SEVEN PARTNERS IS AMOUNTING TO AN AGGREGATE OF APPROX. US$200 MILLION AIRBUS, AIR FRANCE-KLM, ASSOCIATED ENERGY GROUP, BNP PARIBAS, BURNHAM STERLIN
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Summer travel boom not enough to fire up airline earnings

Summer travel boom not enough to fire up airline earnings By Rajesh Kumar Singh and Joanna Plucinska CHICAGO/LONDON, July 22 (Reuters) - Record summer travel demand was tipped to translate into bumper earnings for airlines - but quarterly reports are looking less than stellar. While plenty of customers are flocking to travel destinations worldwide, airlines are finding an excess supply of seats in the price-sensitive end of the market has forced them to discount fares to fill their planes.
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Airlines in Europe skid after Ryanair darkens summer view

BUZZ-Airlines in Europe skid after Ryanair darkens summer view ** Shares in Ryanair RYA.I slump after the budget airline missed Q1 profit estimates and warned of "materially lower" fares for key summer season, dragging down its peers ** "If last year the buzzword was 'revenge travel', then this year it would appear to be more 'normalised demand',"
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What disruptions have been reported after the global tech outage?

FACTBOX-What disruptions have been reported after the global tech outage? Updates July 19 (Reuters) - A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike CRWD.O and Microsoft MSFT.O affected operations at airports, airlines, banks and media outlets on Friday . Here is a list of disruptions that have been reported across sectors: AIRPORTS, AIRLINES Airports and airlines around the globe warned of delays and cancellations or switched to manual check-ins, wi
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NY urges banks, companies to be on high-alert amid global tech outage

NY urges banks, companies to be on high-alert amid global tech outage WASHINGTON, July 19 (Reuters) - New York state regulators urged banks and companies to be on high-alert amid the global tech outage on Friday, saying it is monitoring institutions and market events and working with other state and federal regulators. The New York State Department of Financial Services "reminds all regulated entities to be vigilant at this time.
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US transport chief: Hope systems back to normal by Saturday amid outages

US transport chief: Hope systems back to normal by Saturday amid outages WASHINGTON, July 19 (Reuters) - Transportation system issues amid the global tech outage appear to be resolving and will hopefully be back to normal by Saturday, U.S. Transportation Secretary Pete Buttigieg said, adding that the Federal Aviation Administration did not appear impacted.
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What disruptions have been reported after the global tech outage?

FACTBOX-What disruptions have been reported after the global tech outage? Updates with more companies, services July 19 (Reuters) - A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike CRWD.O and Microsoft MSFT.O on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES, AIRPORTS Airports and airlines around the globe have warned of delays and cancellations or sw
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Biden briefed on CrowdStrike outage, White House says

Biden briefed on CrowdStrike outage, White House says WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden has been briefed on the CrowdStrike global tech outage that disrupted operations across multiple industries on Friday, a White House official said. "His team is engaged across the interagency to get sector by sector updates throughout the day and is standing by to provide assistance as needed," the official said.
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What disruptions have been reported after the global tech outage?

FACTBOX-What disruptions have been reported after the global tech outage? Updates headline July 19 (Reuters) - A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike CRWD.O and Microsoft MSFT.O on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES, AIRPORTS Airports and airlines around the globe have warned of delays and cancellations or switched to manual chec
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