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☆ Portugal to define size of TAP stake for sale once proposals submitted - minister
▼ + stars: | 2023-10-19 | by ( Sergio Goncalves | ) www.reuters.com time to read: +1 min

LISBON, Oct 19 (Reuters) - Portugal will decide on the size of the stake it will sell in flag carrier TAP once competitors present their proposals, Infrastructure Minister Joao Galamba told a parliamentary committee on Thursday. The Portuguese government plans to sell at least 51% of TAP as part of a plan to privatise the struggling state-owned airline. He said that the government will appoint financial advisors soon and plans to approve the privatisation by year-end, with the process concluding by mid-2024. The airline's privatisation has attracted interest from Lufthansa (LHAG.DE), Air France-KLM (AIRF.PA) and British Airways owner IAG (ICAG.L). Reporting by Sergio Goncalves; editing by Charlie Devereux and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Joao Galamba, Galamba, Sergio Goncalves, Charlie Devereux, Jonathan Oatis Organizations: TAP, Infrastructure, Lufthansa, Air France, KLM, British Airways, IAG, Thomson Locations: LISBON, Portugal, Portuguese, Brazil, Angola, Mozambique, Air, Europe

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 13 (Reuters) - U.S. private equity firm Apollo Global Management (APO.N) is seeking to join the consortium that Scandinavian airline SAS (SAS.ST) last week picked to take it through bankruptcy proceedings, according to a source familiar with the matter. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection last year. SAS announced last week that Air France-KLM (AIRF.PA) and U.S. investment firm Castlelake would become new major shareholders alongside the Danish state. Total investments by new shareholders, which also include Danish investment firm Lind Invest, in the reorganized SAS would amount to 12.9 billion Swedish crowns ($1.18 billion). SAS, Castlelake, Air France-KLM and Apollo all declined to comment.

Persons: Andrew Kelly, Lind, Tim Hepher, Greg Roumeliotis, Josie Kao Organizations: Airlines, SAS, Copenhagen, REUTERS, Rights, Apollo Global Management, Scandinavian, Air France, KLM, U.S ., Lind Invest, Castlelake, Apollo, Thomson Locations: Copenhagen, Denmark, Rights COPENHAGEN, Danish, U.S, Air

☆ Israel, Hamas at war: Latest Updates
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

* The International Committee of the Red Cross said it was in touch with both Hamas and Israel about the hostages. * "There are no wreaths left in Israel anymore," said one of the many volunteers working to prepare funeral flowers for more than 1,200 Israelis killed since Hamas gunmen burst into Israel. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. INTERNATIONAL REACTION* Initial U.S. intelligence reports show that key Iranian leaders were surprised by the unprecedented attacks on Israel by Hamas, according to a source. INSIGHTS/EXPLAINERS* How a secretive Hamas commander masterminded the attack on Israel.

Persons: Israel, Fabrizio Carboni, I'd, Mohammaalal, gravediggers, Violeta Santos Moura, Pope Francis, Antony Blinken, Blinken, Jordan, Mahmoud Abbas, Tayyip Erdogan, Ursula von der Leyen, Mohammed Deif Deifly, Amir YaronYaron, Janet Yellen, I'm, Stephen Farrell, Gerry Doyle, Andrew Cawthorne, Lisa Shumaker, Michael Perry Organizations: Red, Hamas, Israel, Committee, ICRC, REUTERS, Saudi, Big, West Bank, Palestinian, Airlines, Norwegian Air, Dutch KLM, Air, Bank of Israel, . Treasury, Thomson Locations: Gaza, Israel, U.S, Egypt, huddling, U.N, Palestinian, Tel Aviv, Beeri, Sderot, EU, Jerusalem, Air France, Saudi Arabia

STOCKHOLM/AMSTERDAM, Oct 12 (Reuters) - Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM cancelling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Israel's parliamentary finance committee meanwhile approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. The framework will grant Israeli airlines cover against war risks, thereby ensuring the continuity of air operations. Foreign airlines have struggled to find a common approach and the head of European budget giant Ryanair (RYA.I) said it was up to governments to plot the way forward. PATCHY RESPONSEGermany's Lufthansa (LHAG.DE) said it was sticking to its plans for evacuation flights on Thursday and Friday, while continuing to ground commercial flights to Israel.

Persons: Ben Gurion, Ben Smith, Ed Bastian, Sasha Gainullin, Rafael Schvartzman, Obama, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Joanna Plucinska, Julia Payne, Carolyn Cohn, Steven Scheer, Rajesh Kumar Singh, Doyinsola, Terje Solsvik, Deborah Kyvrikosaios, Diane Craft Organizations: Airlines, Dutch KLM, Air France, Palestinian, Israel's, Norwegian Air, Insurance, Reuters, Foreign, Ryanair, KLM, Boeing, Lufthansa, Dubai's Emirates, Delta Air Lines, International Air Transport Association, Regulators, U.S . Federal Aviation Administration, Thomson Locations: STOCKHOLM, AMSTERDAM, Israel, Palestinian, Tel Aviv's, Ben, Gaza, Tel Aviv, Eilat, Emirates, United States, Europe, U.S, Ben Gurion

A Norwegian Air plane is refuelled at Oslo Gardermoen airport, Norway November 7, 2019. Norwegian Air (NAS.OL) said it had cancelled a planned evacuation flight from Tel Aviv to Oslo due to a lack of insurance cover. The Dutch foreign ministry said it would send a military plane to Israel on Thursday instead. Norwegian Air had been due to fly Norwegian and other Nordic citizens stranded in Israel out of the country on Thursday evening. Germany's Lufthansa (LHAG.DE) was sticking to its plans for evacuation flights on Thursday and Friday.

Persons: Lefteris, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Terje Solsvik, Deborah Kyvrikosaios Organizations: REUTERS, Rights, Airlines, Norwegian Air, Dutch KLM, Air, Norwegian, KLM, Air France, Nordic, Hamas, Lufthansa, Thomson Locations: Norwegian, Oslo Gardermoen, Norway, Rights STOCKHOLM, AMSTERDAM, Israel, Air France, Tel Aviv, Oslo, Paris

☆ Israel and Hamas at war: Latest News
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

Scores of Israeli and foreign hostages were taken back to Gaza; Israel says it has identified 97 of them. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. * The war falls under a complex international system of justice that has emerged since World War Two. * International airlines have suspended hundreds of flights to and from Tel Aviv following the attack by Hamas militants on Israel. * Israel has raised $200 million in diaspora bonds since the war with Hamas began, Israel Bonds said.

Persons: Israel, Antony Blinken, Kan, Mahmoud Abbas, Wafa, Donald Trump, Netanyahu, Tayyip Erdogan, Violeta Santos Moura, Wang Yi, Mohammed Deif, upends, Kazuo Ueda, Frida, Israel Bonds, Kristalina Georgieva, Georgieva, Stephen Farrell Organizations: United Nations, Food, Palestinian, El Al Airlines, Britain, Royal Navy, U.S, REUTERS, Bank of Japan, * Airlines, Carriers, Dutch KLM, Air France, U.S . State Department, Cyprus Airways, Hamas, Monetary Fund, Thomson Locations: Gaza, Washington, Israel, Egypt, Sinai, United States, Asia, Israeli, Palestinian, Sderot, Paris, Jerusalem, Saudi, Europe, Larnaca, Tel Aviv

☆ Governments repatriate citizens from Israel
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +10 min

REUTERS/Pilar Olivares Acquire Licensing RightsOct 12 (Reuters) - Governments around the world have arranged repatriation flights from Tel Aviv in reaction to the conflict in Israel. AUSTRALIAAustralia organised two special flights on Friday and Sunday to bring back citizens from Israel, Prime Minister Anthony Albanese said on Wednesday. CANADACanada plans to operate evacuation flights for Canadians stranded in Israel, Foreign Minister Melanie Joly said on Tuesday. ITALYItaly arranged for seven flights between Tuesday and Wednesday, the Italian foreign ministry said late on Tuesday, as part of efforts to repatriate about 900 Italian citizens from Israel. On Wednesday, Portugal had repatriated 152 Portuguese citizens directly from Israel, plus 14 citizens from other European countries.

Persons: Roseli Pereira, Pilar Olivares, Anthony Albanese, Alexander De Croo, Melanie Joly, Jan Lipavsky, Lipavsky, Elina Valtonen, Catherine Colonna, Annalena Baerbock, Andres Manuel Lopez Obrador, Andrzej Duda, Mariusz Blaszczak, Margarita Robles, Tobias Billstrom, Srettha Thavisin, Oleg Nikolenko, Nikolenko, Alessandro Parodi, Tristan Chabba, Joao Manuel Mauricio, Barbara Lewis Organizations: Rio de, REUTERS, Argentinian, AUSTRALIA Australia, Spanish Air Force, Foreign, CANADA Canada, Centre for Israel, Jewish Affairs, Boeing, Foreign Ministry, European Union, Aviation, CZECH REPUBLIC Czech, Wednesday, Reuters, French Foreign, France, Condor, German Foreign Ministry, Icelandic Ministry of Foreign Affairs, Israel . KAZAKHSTAN Air Astana, Astana Times, Norwegian Air, Sunday . Defence, Ben Gurion, SOUTH, Incheon Airport, Korean, Acting, Airbus, SWISS, THAILAND, Dutch Ministry of Foreign Affairs, Airline KLM, Facebook, Romania, UNITED, UNITED STATES, U.S . State Department, . Delta Air Lines, U.S, Thomson Locations: Israel, Brazil, Tel Aviv, ARGENTINA, Rome, Argentina, AUSTRALIA, AUSTRIA Austria, Hörsching, Upper Austria, Cyprus, BELGIUM Belgium, BOLIVIA, BRAZIL, Brasilia, Embassy of Brazil, CHILE, Athens, Madrid, COLOMBIA, CYPRUS, Cypriot, CZECH REPUBLIC, Czech, Oman, Prague, DENMARK, Danish, FINLAND Finland, FRANCE France, Israel's Tel Aviv, Paris, GERMANY German, Jordanian, Aqaba, ICELAND, Germany, Keflavík, Iceland, Icelandic, ITALY Italy, Almaty, MEXICO, Oslo, POLAND Poland, Polish, Poland, Ben, Ben Gurion Airport, PORTUGAL, Portuguese, Lisbon, Portugal, SOUTH KOREA, Seoul, KS, SPAIN Spain, Spain, Torrejon, SWEDEN, Swedish, SWITZERLAND Swiss, Zurich, Bern, NETHERLANDS, Netherlands, UKRAINE Ukrainian, Gaza, Europe, U.S, Gdansk

☆ Which airlines have suspended Israel flights after Hamas attacks?
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +4 min

Here are airlines that have temporarily halted flights to and from Israel:AFRICARoyal Air Maroc cancelled flights to and from Tel Aviv on Saturday and Sunday. On Sunday, United Airlines (UAL.O) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE), including Austrian Airlines, Swiss International Airlines and Brussels Airlines, cancelled flights to and from Tel Aviv through Saturday. Norwegian Air (NAS.OL) cancelled flights from Copenhagen and Stockholm to Tel Aviv and return flights through Sunday. Portugal's TAP suspended flights to and from Tel Aviv without providing a time frame.

Persons: Amir Cohen, Britain's, Vueling, Alessandro Parodi, Joao Manuel Mauricio, Milla Nissi, Bernadette Baum 私 Organizations: Gaza, REUTERS, AFRICA Royal Air Maroc, Delta Air Lines, Sunday, United Airlines, American Airlines, Tel Aviv . United, Air Canada, ASIA Hainan Airlines, Cathay, HK, Korean, Germany's Lufthansa, Austrian Airlines, Swiss International Airlines, Brussels Airlines, Saturday, Ryanair, Air France KLM, Norwegian, TAP, Sunday . British Airways, IAG, Air Europa, Italy's ITA, Aegean Airlines, Bulgaria Air, Air Malta, Virgin Atlantic, EAST Etihad Airways, . Gulf Air Locations: Sderot, Israel, Tel Aviv, AFRICA, ASIA, China, Beijing, Shanghai, Shenzhen, Hong Kong, Incheon, EUROPE, Europe's, France, Copenhagen, Stockholm, Hungarian, Iberia, Spanish, London Heathrow, Abu Dhabi, Gdansk

☆ Airlines suspend Israel flights amid Gaza war
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +2 min

Here are airlines that have temporarily halted flights to and from Israel:AMERICASOn Sunday, U.S. carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. ASIAHainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE) cancelled flights to and from Tel Aviv through Monday. Britain's easyjet (EZJ.L) halted flights with Tel Aviv on Sunday and Monday, and would adjust the timing of flights in the next few days. Portugal's TAP cancelled flights to and from Tel Aviv scheduled for Sunday and Monday.

Persons: Britain's, Finland's, Monday . Virgin Atlantic, Alessandro Parodi, Milla Nissi, Bernadette Baum Organizations: Israeli, El, Abu Dhabi International Airport, United, United Arab Emirates, Presidential Affairs, REUTERS, Sunday, United Airlines, Delta Air Lines, American Airlines, Tel Aviv . United, ASIA Hainan Airlines, . Cathay, HK, . Korean, Germany's Lufthansa, Air France KLM, Portugal's TAP, Iberia Express, Monday . Virgin, Etihad Airways, Thomson Locations: Abu Dhabi, United Arab, Handout, Tel Aviv, Israel, U.S, ASIA, China, Shanghai, Hong Kong, Incheon, EUROPE, Madrid, Gdansk

Air France-KLM has tended to let airlines it invests in keep their operations and branding. With the process still in its infancy, Air France-KLM has a chance to make a pitch to TAP now off the back of SAS. LONG FIGHT AHEADThere are remaining challenges for Air France-KLM as it looks to clear regulatory hurdles with SAS, including approval from American and European policymakers. Europe's airline industry has a history of cultural and political barriers to smooth integration, even within Air France-KLM itself. Air France-KLM is a member of the rival SkyTeam alliance.

Persons: Paris Charles de, Charles Platiau, IAG, James Halstead, Jacob Gronholt, Pedersen, Tim Hepher, Matt Scuffham, Sharon Singleton 私 Organizations: Air France Boeing, Paris Charles, REUTERS, France, KLM, TAP, TAP Portugal, Lufthansa, LONDON, Air, Scandinavia's SAS, Ryanair, Wizz, Air France, IAG, Tuesday's SAS, SAS, Star Alliance, Reuters, Apollo Global Management, Union Locations: Paris, Paris Charles de Gaulle, Roissy, France, LISBON, Air France, Europe, Air, Danish, Swedish, Spanish, Portugal, Northern Europe, TAP's, Portuguese, U.S, Lisbon, Porto, Iberia, South America

☆ SAS slides 95% as Scandinavian airline's shareholders wiped out
▼ + stars: | 2023-10-04 | by ( Louise Rasmussen | ) www.reuters.com time to read: +2 min

COPENHAGEN, Oct 4 (Reuters) - SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to prevent bankruptcy, bringing on board big new investors and wiping out the stakes of its more than 250,000 owners. SAS (SAS.ST) said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders alongside the Danish state, and that the airline's stock will be delisted from the Stockholm, Copenhagen and Oslo exchanges. Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. Shares in SAS, which have tumbled in recent years, traded down 83% at 1144 GMT to 0.05 Swedish crowns ($0.0045). "Management itself has come out to say there was a risk that the shares will become worthless.

Persons: Andrew Kelly, Lind, Jacob Pedersen, Pedersen, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik, Alexander Smith Organizations: SAS, Air France, KLM, France, Scandinavian Airlines, Copenhagen, REUTERS, Lind Invest, Thomson Locations: COPENHAGEN, United States, Danish, Stockholm, Copenhagen, Oslo, Amsterdam, Paris, Denmark

☆ SAS stock dives 95% as restructuring announced
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 4 (Reuters) - Shares in SAS (SAS.ST) tumbled 95% at market open on Wednesday after the Scandinavian airline announced new big shareholders late on Tuesday in a restructuring that will see the group delisted from bourses and existing ownership stakes erased. SAS said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders in the airline alongside the Danish state following bankruptcy proceedings. Castlelake will take a stake of about 32%, Air France-KLM will own around 20%, Lind Invest 8.6% and the Danish state will hold about 26%, SAS said. SAS shares, which already tumbled in recent years traded down 79% at 0742 GMT to 0.06 Swedish crowns ($0.0054).

Persons: Andrew Kelly, Lind, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik Organizations: Scandinavian Airlines, SAS, Copenhagen, REUTERS, Rights, Air France, KLM, Lind Invest, Thomson Locations: Copenhagen, Denmark, Rights COPENHAGEN, Danish, United States, Stockholm

☆ European airline SAS tanks 95% after restructuring deal
▼ + stars: | 2023-10-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Shares in Scandinavian airline SAS plunged by 95% as markets opened on Wednesday, after the company announced a restructuring deal late on Tuesday that will see it delisted from exchanges. Losses have since pared back, with shares last down by around 83% at 7:26 a.m. The Danish government is expected to own roughly 26% of SAS, whilst Danish investment firm Lind Invest will have a 8.6% stake, according to SAS. "All of SAS AB's common shares and listed commercial hybrid bonds are expected to be cancelled, redeemed and delisted," SAS said in a statement on Tuesday, adding that this process is expected to take place in the second quarter of 2024. The airline filed for bankruptcy protection in the U.S. in July 2022 amid mounting pressures from pilot strikes and low demand in the wake of the Covid-19 pandemic.

Persons: Castlelake, Lind Organizations: SAS, Air France, KLM Locations: U.S

☆ Air France-KLM becoming a SAS shareholder will change dynamics amongst airlines, analyst says
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAir France-KLM becoming a SAS shareholder will change dynamics amongst airlines, analyst saysJacob Pedersen, head of equity research at Sydbank, discusses the restructuring deal of the Scandinavian airline SAS, which includes fellow airline company Air France-KLM becoming a new major shareholder.

Persons: Jacob Pedersen Organizations: Email Air France, KLM, SAS, Scandinavian, Air France

A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. The latest order is the second major aircraft purchase by United over the past year. In December, it unveiled a huge order of 100 Boeing 787 Dreamliners and 100 737 MAXs. The large 787 order is likely to raise further questions about the future of outstanding United orders for 45 Airbus A350s which have already been deferred to at least 2030. Nocella said while A350 is a "great machine" and there is no change in the company's order, United is focused on its 787 fleet in the short-run.

Persons: Joshua Roberts, Andrew Nocella, Nocella, It's, Valerie Insinna, Rajesh Kumar Singh, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio, Aurora Ellis Organizations: United Airlines Airbus, Washington National Airport, REUTERS, United Airlines, Tuesday, Boeing, Airbus, Reuters, Air Canada, Air France, KLM, U.S, United, Thomson Locations: Washington , U.S, Chicago, United, North America, U.S, Washington, Bengaluru

☆ United Airlines to announce order for 110 Airbus, Boeing jets -sources
▼ + stars: | 2023-10-03 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. Airbus, Boeing and United declined to comment. Demand has rebounded for long distance widebody jets to meet international travel demand. Weakening pricing power in United's domestic market has sparked concerns about travel demand, reflected in airline share prices. At the time, the order sparked concerns about United Airlines' balance sheet.

Persons: Joshua Roberts, Richard Aboulafia, Jefferies, Aboulafia, Valerie Insinna, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio Our Organizations: United Airlines Airbus, Washington National Airport, REUTERS, Rights, United Airlines, Boeing, Airbus, Reuters, United, Air Canada, Air France, KLM, NYSE, Carriers, Thomson Locations: Washington , U.S, Washington, Bengaluru

☆ Airline SAS says investment firm Castlelake, Air France-KLM to become new shareholders
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

TT News Agency/Johan Nilsson via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 3 (Reuters) - Scandinavian airline SAS (SAS.ST) said on Tuesday that investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders in the airline alongside the Danish state following bankruptcy proceedings. Castlelake will take a stake of around 32%, Air France-KLM's will be around 20%, while the Danish state will hold about 26%, SAS said. Lind Invest, a Danish investment firm, will hold 8.6% of equity, SAS said. The company said total investments in the reorganized SAS would amount to 12.9 billion Swedish crowns ($1.16 billion). ($1 = 11.1283 Swedish crowns)Reporting by Jacob Gronholt-Pedersen and Louise Rasmussen, editing by Gwladys FoucheOur Standards: The Thomson Reuters Trust Principles.

Persons: Johan Nilsson, Castlelake, Lind, Carsten Dilling, Dilling, Jacob Gronholt, Pedersen, Louise Rasmussen, Gwladys Organizations: SAS Airbus, Kastrup, Scandinavian Airlines, TT News Agency, REUTERS, Rights, Scandinavian, SAS, Air France, KLM, Air, Lind Invest, Apollo Global Management, Thomson Locations: Kastrup, Denmark, Rights COPENHAGEN, Danish, Air France, Stockholm, United States

☆ JetBlue files complaint in US against Schiphol flight curbs
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

JetBlue Airbus A321LR is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. "In so doing, the Dutch government stands in flagrant violation of the U.S.-EU Air Transport Agreement," JetBlue said in its complaint. The move essentially closed Schiphol to new entrants, JetBlue said. New entrants such as JetBlue are facing a completely closed market and 100% expulsion from the market," the company said. Airlines that use Schiphol including Air France-KLM (AIRF.PA) have sued to try to prevent the cap at one of Europe's busiest airports.

Persons: Benoit Tessier, Bart Meijer, Charlotte Van Campenhout, Mark Potter, Elaine Hardcastle Organizations: JetBlue Airbus, International Paris Air, Le, REUTERS, Rights, U.S, JetBlue Airways, European Union, U.S . Department of Transportation, Schipol, KLM, EU Air, JetBlue, historics, Airlines, Air France, Thomson Locations: Le Bourget, Paris, France, Netherlands, U.S, Schiphol, Amsterdam

☆ European markets lower as negative momentum continues
▼ + stars: | 2023-09-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

Air France-KLM plans to order 50 Airbus A350 long-haul jets, along with the purchase rights for 40 extra aircraft, the carrier announced Monday evening. The first deliveries are expected from 2026, and completing the order would make Air France-KLM the world's largest operator of Airbus A350s. The planes will replace older vehicles, including Airbus A330 and older Boeing 777 aircraft. Shares of Air France-KLM were down 0.8% in early trading. — Hannah Ward-Glenton

Persons: — Hannah Ward, Glenton Organizations: Air France, KLM, Airbus, Boeing

☆ Air France-KLM says it plans to order 50 Airbus A350 jets
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] A logo is seen on the facade of Air France-KLM building during the presentation of the group's annual results in Paris, France, February 17, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsPARIS, Sept 25 (Reuters) - Air France-KLM (AIRF.PA) said on Monday it plans to order 50 Airbus (AIR.PA) A350 long-haul jets, together with purchase rights for an additional 40 aircraft. The provisional deal includes both the A350-900 and the larger A350-1000 models, and the aircraft will be delivered between 2026 and 2030, the airline group said in a statement. The planned order, which is not yet in the Airbus books pending a final contract, comes on top of an existing order for 41 Airbus A350-900s for the group's French network, Air France, of which 22 have so far been delivered. From Boeing it has outstanding order for five 787-10s jets.

Persons: Benoit Tessier, Tim Hepher, Mark Potter Organizations: Air France, KLM, REUTERS, Rights, Airbus, Boeing, Air, GV De Clercq, Thomson Locations: Air, Paris, France, Ukraine, Air France

While a civil suit lodged against KLM (AIRF.PA) in the Netherlands is one of the most prominent, complaints and cases against other airlines have been mounting. Lockwood said the ASA would use machine learning tools to scan online advertising to catch potentially misleading wording. Separately, the Austrian advertising watchdog told Lufthansa's Austrian Airlines arm last year to stop making claims about a carbon neutral flight using biofuel. The lawsuit alleges that carbon offset programmes don't work as advertised and the company misled consumers. The company is investing in newer planes and sustainable fuel to "decarbonise" its operations, the person added.

Persons: Miles Lockwood, Lockwood, Joanna Plucinska, Mark Potter Organizations: KLM Airlines, Fossielvrij, Dutch, KLM, Airlines, Ryanair, Lufthansa, Etihad, Standards Authority, ASA, Reuters, Lufthansa Group, Austrian Airlines, Delta Air Lines, Delta, Thomson Locations: Netherlands, Amsterdam, Austrian, Los Angeles

"The only way to fly responsibly right now is not to fly," said Hiske Arts, who is leading the campaign by Fossil Free Netherlands. In preliminary hearings, its lawyers argued "fly responsibly" ads were well-intentioned. KLM says it has already discontinued 19 communications it says form the core of the Fossil Free suit. Its "fly responsibly" web page now re-routes customers to a message that reads: "Air travel is currently not sustainable. While advertising authorities have banned some ads, they say airlines should be allowed to discuss improvements in order to prevent "greenhushing", or allowing the issue to disappear from discussion.

Persons: BEUC, Dimitri Vergne, Laurent Donceel, Lucas Boudet, Toby Sterling, Joanna Plucinska, Mark Potter Organizations: Hiske, Fossielvrij, Dutch, KLM, Fossil, Hiske Arts, Fossil Free Netherlands, European Commission, Air France, Schiphol Airport, Airlines, Advertising Standards Association, Thomson Locations: Netherlands, Amsterdam, Europe, AMSTERDAM, LONDON, Brussels, London

☆ Feel-good war on short flights misses the mark
▼ + stars: | 2023-09-04 | by ( Rebecca Christie | ) www.reuters.com time to read: +4 min

REUTERS/Bryan Woolston Acquire Licensing RightsBRUSSELS, Sept 4 (Reuters Breakingviews) - Short flights within Europe are frequent flyers on wish lists of things to ban. But not all short flights are alike, and banning commercial hops makes less sense than targeting private jets. Limiting private jet travel would make a bigger difference, with fewer broad-based disruptions. Reuters GraphicsFollow @rebeccawire on XCONTEXT NEWSCountries such as France, Spain, Belgium and Germany have enacted or are considering measures to reduce or ban short flights. More than half of 2022 private jet travel was for distances of less than 750 km.

Persons: Bryan Woolston, Marjan, Davy, Stephen Furlong, George Hay, Oliver Taslic Organizations: Airbus, LaGuardia, REUTERS, Bryan Woolston Acquire, Rights, Reuters, Greenpeace, International Energy Agency, KLM, Institute for Policy Studies, Air, Brussels Airlines, European Commission . Aviation, Thomson Locations: New York City , New York, U.S, Rights BRUSSELS, Europe, Germany, Spain, France, Africa, Belgium

☆ How to use the Delta Reserve card to earn Delta elite status quickly
▼ + stars: | 2023-09-01 | by ( Holly Johnson | ) edition.cnn.com time to read: +9 min

As a longtime Delta Air Lines enthusiast, I have had both the Delta SkyMiles® Platinum American Express Card and the Delta SkyMiles® Reserve American Express Card over the past few years. The Delta Reserve makes it possible for me to earn elite statusSpending $25,000 on the Delta Platinum or Delta Reserve cards waives the MQD requirement for elite status. Other reasons to love the Delta Reserve cardThe Delta Reserve card is loaded with perks, including Delta Sky Club access and upgrade priority. Status boostThe Delta Reserve and the Delta Platinum both come with a perk called Status Boost that gets you closer to Delta Medallion status without flying a single mile. Just make sure your Delta SkyMiles number is linked to your Delta credit card — this is often done when you apply for a Delta card.

Persons: Julian Kheel, You’ll, Andrew Kunesh Organizations: CNN, American Express, longtime Delta Air Lines, Delta, Delta SkyMiles ®, American Express Card, Delta Reserve, Air France, KLM, Virgin Atlantic, Delta Sky Club, MQM, American, Delta Sky, Delta Air Lines Locations: Cancun, Mexico, Europe, Delta, United Kingdom, New York, JFK, Paris, Comfort

☆ Dutch government presses ahead with Schiphol flight cap as airlines protest
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Flights will be capped at 452,500 per year, Harbers said, 9.5% below 2019 levels and lower than a previous proposal of 460,000. Airlines that use Schiphol including Air France-KLM (AIRF.PA) have sued to try to prevent the cap at one of Europe's busiest airports. The decision is "arbitrary, ill-thought out and undercuts procedures normally used," said Ourania Georgoutsakou, managing director of industry group Airlines For Europe (A4E). Airlines opposed to the ban are appealing to the Dutch Supreme Court after losing an appeal in July. The International Air Transport Association (IATA), which supports the airlines' case, on Thursday told the Dutch caretaker government not to proceed ahead of a national election in November.

Persons: Yves Herman, Mark Harbers, Harbers, Ourania Georgoutsakou, Mark Rutte, Toby Sterling, Mark Potter Organizations: KLM, REUTERS, Rights, Aviation, European Commission, Airlines, Air France, Europe, Dutch, International Air Transport Association, U.S . Department of Transport, Thomson Locations: Amsterdam, Netherlands, Schiphol

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