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Reuters - 2 araw ang nakaraan

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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Reuters - 2 araw ang nakaraan

German politicians demand better airport security after activist blockades

UPDATE 4-German politicians demand better airport security after activist blockades Recasts to focus on security concerns By Andreas Rinke BERLIN, July 25 (Reuters) - German politicians demanded better protection for the country's airports on Thursday after climate activists were able to breach fences and disrupt air traffic for the second day in a row.
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Reuters - 2 araw ang nakaraan

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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Reuters - 4 araw ang nakaraan

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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Reuters - 5 araw ang nakaraan

Ryanair leads airline sector into strategic cloud

BREAKINGVIEWS-Ryanair leads airline sector into strategic cloud The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Oliver Taslic LONDON, July 22 (Reuters Breakingviews) - Post-pandemic “revenge travel” has proven a boon for short-haul budget airlines over the last few years. Even so, results on Monday from $17 billion Irish group Ryanair RYA.I suggest a limit to what hard-up consumers will stomach to decamp to sunnier climes.
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Reuters - 5 araw ang nakaraan

Air travel demand 'normalising' after COVID boom, execs say

UPDATE 4-Air travel demand 'normalising' after COVID boom, execs say Updates with Boeing comments in paragraphs 16-18 By Joanna Plucinska and David Shepardson FARNBOROUGH, England, July 22 (Reuters) - Demand for air travel has normalised after a years-long boom following the COVID-19 pandemic as holidaymakers and travellers baulk at higher fares, executives at major airlines said at the Farnborough Airshow on Monday.
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Reuters - 5 araw ang nakaraan

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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Reuters - 5 araw ang nakaraan

STOXX at the open: airlines grounded, tech up

LIVE MARKETS-STOXX at the open: airlines grounded, tech up STOXX 600 up 0.5% Ryanair drags airlines lower Tech snaps 5-day losing streak Wall Street futures inch up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX AT THE OPEN: AIRLINES GROUNDED, TECH UP Sharp falls in airline stocks after a profit miss from Ryanair RYA.I stood out on Monday in an otherwise generally positive
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Reuters - 5 araw ang nakaraan

Airbus says pressure on airline yields not yet impacting jet demand

Airbus says pressure on airline yields not yet impacting jet demand LONDON, July 21 (Reuters) - There are some signs of a decline in airline yields but this is not yet affecting demand for new aircraft, Airbus's AIR.PA planemaking chief Christian Scherer said on Sunday. Speaking ahead of the Farnborough Airshow, Scherer also said Airbus aimed to beat its recently reduced delivery target of 770 planes for this year.
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Reuters - 6 araw ang nakaraan

ITA Airways expects revenues to exceed $4 billion in 2025, chairman says

ITA Airways expects revenues to exceed $4 billion in 2025, chairman says ROME, July 21 (Reuters) - Italy's carrier ITA Airways expects its revenues to exceed 4 billion euros ($4.35 billion) in 2025, earlier than forecast, its chairman was quoted as saying, after it reorganises operations under an agreement to sell part of the business. Earlier this month, German airline Lufthansa LHAG.DE won European Union antitrust approval to buy 41% of state-owned ITA for 325 million euros after agreeing to c
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Reuters - 1 linggo ang nakaraan

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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Reuters - 1 linggo ang nakaraan

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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Reuters - 1 linggo ang nakaraan

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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Reuters - 1 linggo ang nakaraan

Global tech outage delays flights and disrupts services around the world

FACTBOX-Global tech outage delays flights and disrupts services around the world 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 cancellation
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Reuters - 1 linggo ang nakaraan

Eurowings halts Germany, UK flights over IT outage

Eurowings halts Germany, UK flights over IT outage BERLIN, July 19 (Reuters) - Lufthansa's LHAG.DE Eurowings said it was halting domestic German flights as well as flights to and from Britain until departure at 3 pm (1300 GMT) on Friday due to a global cyber outage. "Delays and flight cancellations are to be expected throughout the day," the carrier said in a statement, adding that all passengers booked on domestic flights should book train tickets and hand them in for reimbursement.
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Reuters - 1 linggo ang nakaraan

Germany's Scholz: international security agencies working together on IT outage

Germany's Scholz: international security agencies working together on IT outage BERLIN, July 19 (Reuters) - German security institutions are working with their international partners on an IT outage that impacted air travel, banking and a number of other companies and institutes on Friday, German Chancellor Olaf Scholz said. "There is currently nothing to say on this at my end," Scholz said during a visit to Belgrade, expressing calm as details still emerge.
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Reuters - 1 linggo ang nakaraan

Swiss International says some flights delayed due to IT outage

Swiss International says some flights delayed due to IT outage ZURICH, July 19 (Reuters) - Swiss International Air Lines said on Friday that its systems had not been impacted by a global IT outage but Swiss flight operations have been affected due to disruptions at partner companies and air traffic control. So far two flights from Zurich to Berlin and back have been cancelled, and delays and further flight cancellations are to be expected in some cases, the company said.
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Reuters - 1 linggo ang nakaraan

Two German hospitals cancel elective operations citing global IT outage

Two German hospitals cancel elective operations citing global IT outage BERLIN, July 19 (Reuters) - Two hospitals in the northern German cities of Luebeck and Kiel have cancelled elective operations scheduled for Friday, their operator said, citing a global IT outage linked to the cybersecurity company Crowdstrike CRWD.O . Patient care and emergency services are being maintained, the University Clinic of Schleswig-Holstein (UKSH) added in a statement.
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Reuters - 1 linggo ang nakaraan

Eurowings affected by global IT malfunction, online check-in not possible

Eurowings affected by global IT malfunction, online check-in not possible BERLIN, July 19 (Reuters) - Lufthansa LHAG.DE subsidiary Eurowings said that it was affected by a global IT malfunction, and online check-in was currently not possible. The airport in the western German city of Dusseldorf said that it was experiencing disruptions to the check-in and boarding processes with Eurowings flights, and departures had to be checked manually.
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Reuters - 1 linggo ang nakaraan

Berlin airport faces major disruptions amid global tech outage

CORRECTED-UPDATE 3-Berlin airport faces major disruptions amid global tech outage Corrects first paragraph to show flights were halted on Friday, not Monday BERLIN, July 19 (Reuters) - Berlin airport temporarily halted all flights on Friday due to a technical fault, a spokesperson told Reuters, adding that though check-in services were up and running again, there would be delays throughout the day.
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