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Flights delayed or cancelled as Middle East conflict disrupts aviation

UPDATE 4-Flights delayed or cancelled as Middle East conflict disrupts aviation Travel disruptions continue across the Middle East Travel and airline shares fall Airports in Dubai, Kuwait, Lebanon and Israel see heavy delays, cancellations Many airlines previously cancelled Lebanon, Israel routes Updates with EASA conflict zone information bulletin in paragraph 8 By Joanna Plucinska LONDON, Oct 2 (Reuters) - Rising tensions in the Middle East have created air travel chaos, with global airlines d
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Diversions, disruptions: aviation grapples with Middle East escalation

Diversions, disruptions: aviation grapples with Middle East escalation Travel disruptions continue across the Middle East Travel and airline shares down on Wednesday morning Dubai, Kuwait, Lebanon and Israel airports all see heavy delays, cancellations Many airlines previously cancelled Lebanon, Israel routes LONDON, Oct 2 (Reuters) - Rising tensions in the Middle East have created air travel chaos, with global airlines diverting or cancelling flights on Wednesday and regional airports, includin
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Oil names lead gains in Europe

LIVE MARKETS-Oil names lead gains in Europe STOXX 600 up 0.3% Crude rises, oil stocks up Airlines fall Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com OIL NAMES LEAD GAINS IN EUROPE European stock markets are in positive territory, with the STOXX 600 rising 0.3% in spite of investor jitters amid the escalation in the Middle East .
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European airlines, travel stocks fall after Iran missile attack

CORRECTED-European airlines, travel stocks fall after Iran missile attack Corrects index cited in 2nd paragraph Oct 2 (Reuters) - Shares in European airlines and travel companies fell on Wednesday as airlines scrambled to divert flights after Iran fired more than 180 ballistic missiles at Israel. Airline and travel stocks fell 0.6%-2.7% after Israel's neighbours had closed airspace and airline crews skirted an escalating conflict, with many seeking diversions.
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Airlines scramble to divert flights after Iran missile attack

UPDATE 1-Airlines scramble to divert flights after Iran missile attack Updates Oct. 1 item on Oct. 2 with airline details; paragraphs 4-5 PARIS, Oct 1 (Reuters) - Israel's neighbours closed airspace and airline crews skirted an escalating conflict, with many seeking diversions, after Iran fired a salvo of ballistic missiles at Israel on Tuesday. A spokesperson for tracking service FlightRadar24 said flights diverted "anywhere they could", and a snapshot of regional traffic showed flights spreadi
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Lufthansa suspends Amman, Erbil flights amid Middle East tensions

Lufthansa suspends Amman, Erbil flights amid Middle East tensions BERLIN, Oct 1 (Reuters) - German airline Lufthansa on Tuesday said it will avoid Iranian, Iraqi and Jordanian airspace up to and including Oct. 2 amid an escalation of an armed conflict in the Middle East, suspending flights to and from Amman and Erbil. Iran is expected to attack Israel with ballistic missiles that can reach targets within 12 minutes, and not with drones or cruise missiles that take longer, a U.S.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates KLM, Lufthansa, Flydubai, and adds Etihad Airways Oct 2 (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 AGNr.AT The Greek airline cancelled flights to and from Beirut until Oct.
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Lufthansa Group extends flight suspensions to and from Middle East

Lufthansa Group extends flight suspensions to and from Middle East FRANKFURT, Oct 1 (Reuters) - Lufthansa Group LHAG.DE said on Tuesday that its airlines had extended the suspension of flights to and from Tel Aviv, Beirut and Tehran amid an escalation of an armed conflict in the Middle East. Flights to and from Tel Aviv will be suspended through Oct.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates AirBaltic, Air Europa, Air France, Bulgaria Air and Sundair; adds FlyDubai, Qatar Airways Oct 1 (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 AGNr.AT The Greek airline cancelled flights to and from Beirut until Oc
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Lufthansa CEO aims to revive 'problem child' airline by 2026

Lufthansa CEO aims to revive 'problem child' airline by 2026 By Ilona Wissenbach and Joanna Plucinska FRANKFURT, Oct 1 (Reuters) - Lufthansa LHAG.DE is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with higher costs and prolonged delays in Boeing BA.N plane deliveries, its chief executive said.
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ASM International, Burberry, LVMH

EUROPE RESEARCH ROUNDUP-ASM International, Burberry, LVMH Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASM International, Burberry and LVMH on Tuesday. HIGHLIGHTS * ASM International ASMI.AS : Stifel cuts target price to EUR 740 from EUR 800 * Burberry Group BRBY.L : HSBC raises target price to 770p from 690p * Carlsberg CARLb.CO : Jefferies cuts target price to DKK 1,000 from DKK 1,100 * LVMH LVMH.PA : HSBC raises target p
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Emirates, Lufthansa, Pegasus and Sundair; adds Aegean Airlines, airBaltic, Air Europa, Bulgaria Air, British Airways under IAG, Iran Air, Iraqi Airways, ITA Airways and TAROM Sept 30 (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.
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ITA expects higher full-year revenue as it prepares to join Lufthansa group

ITA expects higher full-year revenue as it prepares to join Lufthansa group By Giancarlo Navach MILAN, Sept 27 (Reuters) - Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit turned positive in the first half. The Italian state-controlled carrier, which is soon to enter the Lufthansa LHAG.DE group, expects full-year sales to hit 2.7 billion euros ($3.02 billion), with its load factor set
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Big Technologies, Safran, Volution Group

EUROPE RESEARCH ROUNDUP-Big Technologies, Safran, Volution Group Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Big Technologies, Safran and Volution Group on Friday. HIGHLIGHTS * 3I Group III.L : Citigroup raises target price to 4140p from 3850p * Big Technologies Plc BIGB.L : Peel Hunt raises to add from hold * Safran SAF.PA : Jefferies raises target price to EUR 220 from EUR 205 * Solar Foods Oyj SFOODS.HE : Inderes rai
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Air France-KLM takes off after JPM's double upgrade

BUZZ-Air France-KLM takes off after JPM's double upgrade ** Shares in Air France-KLM AIRF.PA jump around 7% after J.P.Morgan double upgrades its rating to "overweight" from "underweight" ** JPM sees a "buying opportunity into winter" for European a irlines, highlighting that the sector has been picking up over the last month ** "We see potential fo
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Adds Air Arabia, EgyptAir, Emirates, Pegasus and Qatar Airways; updates Air France, Lufthansa and Sundair Sept 24 (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 suspended flights to and from Lebanon until
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Lufthansa Cargo to include additional SAF costs from Jan. 1

Lufthansa Cargo to include additional SAF costs from Jan. 1 BERLIN, Sept 24 (Reuters) - Freight group Lufthansa LHAG.DE Cargo will include the rising costs of sustainable aviation fuel (SAF) in the price index of its airfreight surcharge from Jan. 1, 2025, it said on Tuesday. The company added that it cannot bear the increasing cost of mandatory blending on its own and called for targeted political support strategies for a competitive market for the fuel.
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LUFTHANSA GROUP: FLIGHTS TO BEIRUT REMAIN SUSPENDED UNTIL OCTOBER 26, 2024

Lufthansa Group cancels flights to Tel Aviv, Tehran BERLIN, Sept 23 (Reuters) - Lufthansa Group LHAG.DE is cancelling its flights to Tel Aviv and Tehran until Oct. 14, while flights to Beirut remain suspended until Oct. 26, the company said on Monday. "For operational reasons, Lufthansa Airline has already decided to suspend flights to Tehran until October 26," added the airline, which said it continues to monitor the situation closely and will further assess the situation in coming days.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air France, Lufthansa and LOT Sept 23 (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 suspended flights to and from Lebanon until further notice.
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Brussels Airlines to cancel most Oct. 1 flights due to strike

Brussels Airlines to cancel most Oct. 1 flights due to strike BRUSSELS, Sept 20 (Reuters) - Brussels Airlines said on Friday that it would cancel most of its flights on Oct. 1 due to a Belgian national strike of security workers. Brussels Airport, the largest airport in the country, had asked airlines to review their schedules because the strike would lead to a reduction in security screenings.
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