Air France-KLM

CEO Ben Smith said Air France-KLM would consider reviewing a takeover of easyJet if contacted. So far, Air France-KLM has not carried out a detailed analysis of such a transaction. Smith added that Castlelake, which has publicly shown interest in easyJet, has not approached Air France-KLM with an offer; both are currently working as partners on SAS. » Więcej na de.investing.com

European stocks gained, supported by hopes for an extension of the ceasefire between the US and Iran; the EuroStoxx 50 rose 0.71 percent. Travel and leisure names, including Air France-KLM, benefited from signs of easing, while oil stocks and defensive sectors lagged. Tech stocks were also in demand; Logitech jumped almost four percent after Dell sharply raised its sales and profit targets. » Więcej na finanzen.net

A Paris appeals court found Air France guilty of negligent homicide in the appeal over the 2009 crash of flight AF447 and sentenced the company to a fine of €225,000. Airbus was equally convicted; the court held both firms solely responsible for the crash that killed 228 people. Causes included, according to the judges, an inadequate response to iced-over pitot probes and insufficient pilot training for extreme situations. The verdict overturns an acquittal from the first instance after years of legal proceedings. » Więcej na sueddeutsche.de