Ticker

The carrier said pricing and cost discipline helped to largely offset the sharp increase in fuel prices.

Air France-KLM ​cut full-year capacity guidance on Thursday despite a lower than expected drop in second-quarter profit after ‌revenue gains from premium and long-haul travel.

Portugal is set to receive binding bids on Wednesday ‌from Air France-KLM and Lufthansa for a minority stake in TAP, kicking off the final battle for one of Europe's few remaining standalone flag carriers.

Investors have continued to unwind bearish bets against European airlines over the past month, according to Citi. The bank published fresh positioning data, drawn from its quantitative team, showing how investors are betting on the sector.

Lufthansa has a strong interest in acquiring a minority stake in Portugal's flag carrier TAP and plans a maintenance hub in ​the country, its CEO said on Monday, as the German group readies ‌a rival bid to Air France-KLM.