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

A Paris appeals court convicted Air France and Airbus of corporate manslaughter for the 2009 AF447 crash that killed 228, ordering maximum fines of €225,000 each. Prosecutors pointed to alleged corporate failings such as poor training and failure to follow up earlier incidents, while investigators previously found crew mishandling of iced-up sensors led to a stall. Both companies deny the charges and are expected to appeal to France’s highest court, prolonging the legal process for victims' families. » Więcej na theguardian.com

The verdict in the case of the AF447 crash (2009), which killed 228 people, is expected at the Paris appeals court. Air France-KLM and Airbus are on trial for negligent homicide; the public prosecutor is seeking convictions and accuses them of inadequate instruction and training and of underestimating the failure of ice-affected speed probes. Both companies deny responsibility; they face fines of up to €225,000. The A330 crashed over the Atlantic in 2009; the remaining victims and the flight data recorder were recovered in 2011. » Więcej na finanzen.net