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AirFrance


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Lufthansa CEO optimistic about financial health of ITA Airways

UPDATE 2-Lufthansa CEO optimistic about financial health of ITA Airways Adds context on Lufthansa M&A, Alitalia's troubled past By Joanna Plucinska and Klaus Lauer LONDON, July 5 (Reuters) - Lufthansa LHAG.DE sought to reassure investors about ITA's financial health on Friday after the German carrier won EU approval this week to buy 41% of the Italian airline, which remains under the shadow of its predecessor Alitalia.
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CMA CGM has exceeded 10% voting right threshold in Air France-filing

BRIEF-CMA CGM has exceeded 10% voting right threshold in Air France-KLM - filing July 5 (Reuters) - Air France-Klm AIRF.PA : CMA CGM HAS EXCEEDED THRESHOLD OF 10% OF VOTING RIGHTS IN AIR FRANCE-KLM, HOLDS 8.8% OF SHARE CAPITAL - AMF REGULATORY FILING AMF FILING: CMA CGM SAID IT DOES NOT INTEND TO ACQUIRE FURTHER SHARES AMF FILING: CHANGE IN CMA CGM
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Europe Distillates-Diesel refining hold above $20/bbl

Europe Distillates-Diesel refining hold above $20/bbl LONDON, July 4 (Reuters) - Northwest European diesel barge refining margins were broadly steady at about $20.25 a barrel on Thursday, as buying activity improved and regional stocks moved sideways. Nine diesel barges traded in the Platts window, up from four on Wednesday. ExxonMobil and Shell sold to Glencore, Unipec and Mabanaft.
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Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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Olympics-High costs, safety worries hurt Paris Games bookings

FOCUS-Olympics-High costs, safety worries hurt Paris Games bookings Flight bookings seen up 10% vs 115% jump during Rio Games Paris hotel data also indicates a drop in reservations But Airbnb is bucking the trend, sees record reservations By Joanna Plucinska and Doyinsola Oladipo LONDON/NEW YORK, July 4 (Reuters) - Spiralling travel and accommodation costs, French political tumult and security concerns are discouraging many sports fans and visitors from attending the Paris Olympic Games this sum
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EU's airline deal demands fuel doubts over further attempts

ANALYSIS-EU's airline deal demands fuel doubts over further attempts By Joanna Plucinska LONDON, July 4 (Reuters) - It took a year of wrangling with the European Commission for Germany's Lufthansa LHAG.DE to gain approval to buy 41% of Italy's ITA Airways, and only after it accepted big concessions. While the deal expands Lufthansa's footprint in the lucrative southern European market, the combined group will have to cede some routes and slots to rivals for it to proceed.
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The flight path of Airline M&A since 2001

FACTBOX-The flight path of Airline M&A since 2001 July 3 (Reuters) - The European Commission approved a long-awaited deal for Lufthansa LHAG.DE to take a 41% stake in Italy's ITA Airways on Wednesday , in Europe's latest major consolidation. The European sector has experienced a wave of consolidation in the last 20 years as small national airlines struggle to compete with larger global groups and budget carriers.
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Lufthansa gets EU nod for $350 mln stake in Italy's ITA

UPDATE 3-Lufthansa gets EU nod for $350 mln stake in Italy's ITA Updates with analyst comment in paragraphs 6 and 16, share prices By Foo Yun Chee, Ilona Wissenbach and Angelo Amante BRUSSELS/FRANKFURT/ROME, July 3 (Reuters) - Lufthansa LHAG.DE won EU antitrust approval to buy 41% of ITA Airways for 325 million euros ($350 million) on Wednesday after ceding routes and slots, with the news boosting rival IAG's shares and hopes for its takeover of Air Europa.
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Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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Cruise operators down as Hurricane Beryl churns towards Carribbean

BUZZ-Cruise operators down as Hurricane Beryl churns towards Carribbean ** Shares of cruise operators down between 1.8% and 6% in afternoon trading ** Analysts at Barclays say shares could be down in part because of the impact from Hurricane Beryl that has strengthened as it churns towards the Caribbean on Monday, according to officials, threatening devastating flooding and storms ** "Think it's that (Hurricane), plus the European terrorism threat warning .
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Air France KLM slips on lower summer sales forecast

BUZZ-Air France KLM slips on lower summer sales forecast ** Shares of Air France KLM AIRF.PA slip 1.5% after the Franco-Dutch airline group flagged a hit to summer sales due to the Olympic Games in Paris ** The shares reversed course after opening around 3% higher, as French stocks surged in a post-election relief rally ** Air France KLM sees a 160
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Air France KLM flags hit to summer sales due to the Olympics

UPDATE 2-Air France KLM flags hit to summer sales due to the Olympics Adds analyst comment in paragraph 7, background in paragraph 8 By Gianluca LoNostro and Michal Aleksandrowicz July 1 (Reuters) - The Paris Olympics are weighing on Air France KLM's AIRF.PA and its low-cost unit Transavia France's summer sales, the Franco-Dutch airline group said on Monday.
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Air France KLM flags pressure on summer traffic revenue due to Olympics

Air France KLM flags pressure on summer traffic revenue due to Olympics July 1 (Reuters) - Air France KLM AIRF.PA said on Monday it was experiencing pressure on projected unit revenues for the summer season due to the upcoming Olympic Games in Paris. The airline expects a negative impact of between 160 million and 180 million euros ($172 million and 194 million) on its unit revenues from June to August, it said in a statement.
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European shares post quarterly loss as markets await French elections

UPDATE 2-European shares post quarterly loss as markets await French elections For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Air France-KLM drops on Barclays downgrade Nike's dour forecast drags JD Sports, Puma STOXX off 0.2%, clock weekly, monthly and quarterly loss Updated at 1600 GMT By Shristi Achar A, Shashwat Chauhan and Jesus Calero June 28 (Reuters) - European shares gave up early gains to close lower on Friday as a drop in sha
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Barclays cuts Air France-KLM on political uncertainty, shares hit record low

BUZZ-Barclays cuts Air France-KLM on political uncertainty, shares hit record low Adds share move, milestones, details from the research note ** Shares in Air France-KLM AIRF.PA drop as much as 7% to 7.99 euros, its lowest price on record, after Barclays downgrades the Franco-Dutch airline group to "equal-weight" from "overweight" on political uncertainty ** "We see the political contexts in both France and the Netherlands as very challenging for management.
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Air France-KLM, Shell, Watches of Switzerland

EUROPE RESEARCH ROUNDUP-Air France-KLM, Shell, Watches of Switzerland June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Shell and Watches of Switzerland, on Friday. HIGHLIGHTS * Air France-KLM AIRF.PA : Barclays cuts to equal-weight from overweight * BP BP.L : Jefferies raises target price to 590p from 580p * Liontrust Asset Management Plc LIO.L : Peel Hunt cuts to hold from buy * Shell Plc SHEL.L : Jefferies
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Politics, the big 'but' for Air France-Barclays downgrades stock

BUZZ-Politics, the big 'but' for Air France-KLM - Barclays downgrades stock ** Barclays downgrades Air France-KLM AIRF.PA to "equal-weight" from "overweight", saying political uncertainty might weigh on the Franco-Dutch airline group ** "We see the political contexts in both France and the Netherlands as very challenging for management. Strategy, c
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KLM Announces Collaboration With Marie-Stella-Maris And Envisions

BRIEF-KLM Announces Collaboration With Marie-Stella-Maris And Envisions June 27 (Reuters) - Air France KLM SA AIRF.PA : KLM SAYS IT JOINS FORCES WITH DUTCH BRANDS MARIE-STELLA-MARIS AND ENVISIONS Source text: tinyurl.com/ycxh3p7d Further company coverage: AIRF.PA (Gdansk Newsroom)
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Lufthansa to raise fares by up to 72 euros as environmental costs increase

UPDATE 5-Lufthansa to raise fares by up to 72 euros as environmental costs increase Airline to introduce 'Environmental Cost Surcharge' Fares to rise between 1 euro and 72 euros Air France-KLM has made a similar move Updates with Wizz Air, Southwest and United Airlines comment By Joanna Plucinska, Ilona Wissenbach and Tim Hepher June 25 (Reuters) - Lufthansa LHAG.DE will add an environmental charge of up to 72 euros ($77) to its fares, the airline group said on Tuesday, joining at least one Euro
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Technical problem forces Boeing 777 operated by KLM to return to Amsterdam

UPDATE 2-Technical problem forces Boeing 777 operated by KLM to return to Amsterdam Adds KLM comment, new paragraph 4 AMSTERDAM, June 23 (Reuters) - A Boeing 777 aircraft BA.N operated by Dutch airline KLM AIRF.PA returned to Amsterdam's Schiphol Airport on Sunday after reporting an unspecified technical problem, national air traffic control said.
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