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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Adds LOT Aug 14 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled all flights to and from Beirut, Amman and Tel Aviv until Aug.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Ryanair, adds Cathay Pacific, SunExpress, TAROM Aug 13 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled all its flights to and from Beirut, Amman and Tel Aviv until Aug.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air France-KLM, ITA Airways, Lufthansa Group airlines; adds Aegean Airlines, airBaltic, Finnair and Vueling Aug 12 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled all its flights to and f
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air India, Royal Jordanian and United Airlines Aug 9 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AIR ALGERIE The Algerian airline temporarily suspended flights to and from Lebanon until further notice.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Aug 8 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AIR ALGERIE The Algerian airline temporarily suspended flights to and from Lebanon until further notice.
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France and Italy urge citizens to leave Lebanon due to security risks

UPDATE 2-France and Italy urge citizens to leave Lebanon due to security risks Updates headline and paragraph 1, 5 and 6 to add Italy's advice, changes media identifier to ISRAEL-PALESTINIANS/LEBANON-EUROPE PARIS/MILAN, Aug 4 (Reuters) - France and Italy on Sunday urged their citizens in Lebanon to leave the country due to the risk of military escalation in the Middle East, their foreign ministries said.
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Air France extends suspension of Paris-Beirut flights until Aug 6

Air France extends suspension of Paris-Beirut flights until Aug 6 PARIS, Aug 3 (Reuters) - Air France said on Saturday it and its affiliate Transavia were further extending their suspensions of flights between Paris and Beirut until at least Aug 6, amid rising regional tensions. Airlines are avoiding Iranian and Lebanese airspace and cancelling flights to Israel and Lebanon, as concerns grow over a possible regional conflict after the killing of senior members of militant groups Hamas and Hezbol
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Hungary's competition watchdog fines Wizz Air for misleading communication

Hungary's competition watchdog fines Wizz Air for misleading communication BUDAPEST, Aug 3 (Reuters) - Hungary's competition watchdog has imposed a fine of 770,000 euros ($839,916) on Wizz Air WIZZ.L for misleading communication, the authority said on its website on Saturday. Hungary's competition authority said Wizz Air breached professional due diligence and was misleading in how it described its automatic check-in service and pushed consumers towards more expensive packages.
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Dutch airline KLM cancels flights to Tel Aviv until Oct 26

Dutch airline KLM cancels flights to Tel Aviv until Oct 26 AMSTERDAM, Aug 2 (Reuters) - KLM has cancelled all its flights to and from Tel Aviv until Oct. 26, the Dutch arm of airline group Air France KLM AIRF.PA said on Friday. KLM's decision follows similar moves by Lufthansa, Delta, United and other airlines in recent days. Reporting by Bart Meij
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Airlines’ margins head to lower cruising altitude

BREAKINGVIEWS-Airlines’ margins head to lower cruising altitude The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Oliver Taslic LONDON, Aug 2 (Reuters Breakingviews) - In one sense, airlines are flying high. Lobby group IATA recorded a 9% year-on-year jump in global passenger demand in June, and Europe’s big six listed carriers – Ryanair RYA.I , easyJet EZJ.L , Wizz Air WIZZ.L , IAG ICAG.L , Lufthansa LHAG.DE and Air France-KLM AIRF.PA – all reported
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IAG's shares climb after Air Europa deal ditched, analysts see TAP as next target

UPDATE 3-IAG's shares climb after Air Europa deal ditched, analysts see TAP as next target Adds EU reaction in paragraphs 7-9, analyst comment in paragraph 4 By Joanna Plucinska, Prerna Bedi and Corina Pons Aug 2 (Reuters) - British Airways owner IAG's ICAG.L shares rose more than 7% on Friday, after the company's strong second-quarter performance and its move to scrap a proposed takeover of Spanish airline Air Europa.
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Wizz Air cuts annual forecast after first-quarter profit slumps 44%

UPDATE 3-Wizz Air cuts annual forecast after first-quarter profit slumps 44% Writes through, updates shares, adds analyst comment and context By Joanna Plucinska and Yadarisa Shabong Aug 1 (Reuters) - Wizz Air WIZZ.L lowered its annual profit forecast on Thursday after reporting a 44% drop in its first-quarter operating profit, partly owing to costs related to Pratt & Whitney RTX.N engine troubles and one-off wet leases to bolster capacity.
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Emirates, FlyDubai latest airlines to amend Beirut flights

UPDATE 1-Emirates, FlyDubai latest airlines to amend Beirut flights Updates with Air France-KLM suspension extension July 31 (Reuters) - Emirates airline on Wednesday said customers who transit through Dubai on their way to Beirut will not be accepted for travel on Thursday and Friday, the latest airline to alter services to the Lebanese capital in recent days amid rising regional tensions .
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Amadeus sees healthy 2024 travel demand despite slower bookings

Amadeus sees healthy 2024 travel demand despite slower bookings July 31 (Reuters) - Spanish travel booking group Amadeus AMA.MC said on Wednesday it still expects healthy travel demand this year and is confident it will meet its 2024 guidance despite an expected slowdown in bookings in the coming months. European airlines such as low-cost Ryanair RYA.I , Air France AIRF.PA and Lufthansa LHAG.DE have missed or cut earnings forecasts recently amid rising costs and signs the post-pandemic boom in t
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Lufthansa sees earnings slump in third quarter as costs rise

UPDATE 5-Lufthansa sees earnings slump in third quarter as costs rise Sees Q3 adjusted EBIT below last year's 1.5 bln euros Q2 net results 469 mln euros, down almost a half on year CEO says demand strong, but price pressure intensified Adds CEO comment on profit margins, yields in paragraph 9 By Ilona Wissenbach, Joanna Plucinska and Rachel More BERLIN/LONDON, July 31 (Reuters) - Lufthansa LHAG.DE warned of a fall in third-quarter earnings on Wednesday as the German airlines group grapples with
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Lufthansa forecasts earnings slump in third quarter as costs rise

Lufthansa forecasts earnings slump in third quarter as costs rise BERLIN, July 31 (Reuters) - German flag carrier Lufthansa LHAG.DE expects lower earnings in the third quarter as yields slump and unit costs increase, the company said on Wednesday. Airfares around Europe and Asia have started to plateau or fall, signalling that a prolonged post-COVID travel boom is waning and delivering a setback for airlines struggling with higher costs and limited aircraft availability.
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More airlines cancel Beirut flights amid escalation

UPDATE 1-More airlines cancel Beirut flights amid escalation Adds Condor airline, context July 30 (Reuters) - Greece's Aegean Airlines and Germany's Condor cancelled flights to Beirut o n Tuesday , the latest airlines to suspend services to the Lebanese capital in recent days as tensions escalate between Israel and armed political group Hezbollah.
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Ryanair loses final appeal against Austrian Airlines loan

CORRECTED-UPDATE 1-Ryanair loses final appeal against Austrian Airlines loan Corrects to show Ryanair won (not lost) its challenge against Air France state aid, in paragraph 8 By Foo Yun Chee BRUSSELS, July 29 (Reuters) - Ryanair RYA.I lost its final fight against a state loan made to Austrian Airlines as Europe's top court on Monday sided with the EU competition authorities who approved it.
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Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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Beirut flights cancelled or delayed amid fears of Israeli attack

UPDATE 3-Beirut flights cancelled or delayed amid fears of Israeli attack Updates with Air France suspension dates in paragraph 2 By Lisa Barrington July 29 (Reuters) - Flights to and from Beirut airport were cancelled or delayed on Monday as tensions escalated between Israel and armed political group Hezbollah after a strike in the Israeli-occupied Golan Heights killed 12 children and teenagers.
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