PARIS Air France-KLM said operating profit rose 16% in the second quarter as new Chief Executive Ben Smith's cost-cutting helped offset rising fuel prices, sending its shares up 7%.
PARIS Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe's largest planemaker. | Video
PARIS, July 31 Air France-KLM
increased its operating profit in the second quarter, as rising
fuel prices were countered by cost-cutting under the
Franco-Dutch airline group's new Chief Executive Ben Smith.
PARIS France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.
PARIS Air France-KLM posted strong quarterly earnings and an upbeat outlook despite rising fuel costs, as new Chief Executive Ben Smith prepares to seek pilots' approval for plans likely to include an expansion of the group's low-fare operations.
PARIS French payments company Ingenico , which is being pursued by business services company Edenred and corporate banking group Natixis, is reviewing its strategic options after lowering its earnings outlook for a second time this year.
PARIS/LONDON Ingenico is being pursued by business services company Edenred and corporate banking group Natixis as consolidation in the payments field heats up.
PARIS Gilles Gateau, the head of human resources at Air France , is to leave the French airline, according to an internal Email seen by Reuters.
* Switch in factories to new jet engine model going as
PARIS Air France-KLM on Wednesday posted strong second-quarter sales and beat profit expectations dampened by strikes that have so far cost the airline group 335 million euros (£298.09 million) and one chief executive.