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

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.

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

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.

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.