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United Kingdom

Laurence Frost

UPDATE 3-Safran braces for 737 MAX fallout after beating 2019 forecasts

27 Feb 2020

PARIS, Feb 27 France's Safran posted a stronger-than-expected rise in 2019 core profit led by jet engine spare parts, but warned of flat-to-lower 2020 revenue hit by Boeing's 737 MAX grounding crisis.

As coronavirus crisis deepens, airlines slash costs

26 Feb 2020

PARIS/LONDON Airlines rattled by the coronavirus rushed to cut costs on Wednesday, as warnings of a pandemic deepened concern about the scale of the impact on aviation and other front-line sectors.

As coronavirus crisis deepens, airlines slash costs

26 Feb 2020

PARIS/LONDON Airlines rattled by the coronavirus rushed to cut costs on Wednesday, as warnings of a pandemic deepened concern about the scale of the impact on aviation and other front-line sectors.

Airlines plunge as Italian coronavirus outbreak threatens longer crisis

24 Feb 2020

PARIS/LONDON European budget airlines bore the brunt of Monday's plunge in global stock markets as the arrival of the coronavirus in Italy pointed to a longer, deeper crisis than many have banked on.

Airlines plunge as Italian coronavirus outbreak threatens longer crisis

24 Feb 2020

PARIS/LONDON European budget airlines bore the brunt of Monday's plunge in global stock markets as the arrival of the coronavirus in Italy pointed to a longer, deeper crisis than many have banked on.

Air France says coronavirus impact could climb above $200 million

20 Feb 2020

PARIS Air France-KLM warned on Thursday of a 150 million to 200 million euro ($162 million to $216 million) hit to earnings by April as it contends with the China coronavirus epidemic's "brutal" impact on the airline industry. | Video

Air France-KLM expects coronavirus impact of 200 mln euros, could climb higher

20 Feb 2020

PARIS, Feb 20 Air France-KLM expects the coronavirus outbreak to wipe 150 million to 200 million euros ($162-216 million) off earnings by April, assuming China flights remain suspended until then, the Franco-Dutch airline group said on Thursday.

Airbus pledges profit gain after bribery settlement hit

13 Feb 2020

TOULOUSE, France Airbus pledged higher jet deliveries and operating profit this year, after an international bribery settlement and problems with the A400M transport plane plunged the aerospace group to a 1.36 billion euro ($1.48 billion) net loss for 2019. | Video

Coronavirus brings jet refinancing boost: Avolon CEO

12 Feb 2020

PARIS Major aircraft lessor Avolon and its peers stand to benefit from the coronavirus outbreak as airlines shore up cash by refinancing their planes, the Dublin-based firm said on Wednesday.

Budget carrier Ryanair ordered to drop low-emissions ad claims

05 Feb 2020

LONDON/PARIS Budget carrier Ryanair was ordered on Wednesday to withdraw publicity describing it as a "low-CO2 emissions airline", as Britain's main advertising watchdog labelled the claim misleading.

World News