Latest news with #AirFranceKLM
Yahoo
2 days ago
- Business
- Yahoo
Transavia Netherlands and Transavia France to partner with IBS Software to enhance flight operations and crew management
AMSTERDAM and PARIS, June 26, 2025 /PRNewswire/ -- Transavia Netherlands, the leading low-cost Dutch carrier and Transavia France, the leading low-cost carrier of France, both high-growth subsidiaries of Air France-KLM Group, will partner with IBS Software to transform flight operations for over 145,000 annual flights and optimize crew management. By implementing IBS Software's iFlight solution, a unified crew and operations management platform, Transavia Netherlands and Transavia France will be able to access one single source platform to more easily manage disruptions, allocate resources and sprint faster towards its sustainability goals. The single flight operations system will be shared amongst Air France-KLM Group's 5 airlines, with the crew management system unified across both Transavia France and Transavia Netherlands. IBS Software's fully MACH (Microservices-based API-first and Cloud Native) iFlight solution will enable Transavia Netherlands and Transavia France to digitally transform operations at scale, and benefit from superior performance, scalability, security, modularity and resilience. Features including the Tail Optimizer will allow both carriers to realize the full potential of its resources and accelerate the airlines' net-zero initiatives. Streamlined, automated processes, will enable the carriers to support staff productivity, and align with Air France-KLM Group's modernization strategy. Accessible, intelligent digital tools, such as process automation, will provide the carriers with more visibility over impacted areas when disruption hits, reducing the impact of delays on staff and passengers. Etienne Slagman, Head of Schedule & Resource Optimizing & Continuous Improvement at Transavia Netherlands comments: "At Transavia Netherlands, we have a strong commitment to delivering efficient services that are beneficial for staff and passengers alike. Our collaboration with IBS Software will enable us to drive higher operational excellence, and greater employee satisfaction with increased digitalization." Sébastien Lemaire, Chief Information Officer at Transavia France comments: "The trajectory of Transavia is one of strong growth – we will double our aircraft this summer from our fleet in 2019. Our partnership with IBS Software was prompted by the need for strong, high-performance tools that enable us to stay at the forefront of delivering high quality passenger services and ensure robust operations. Julian Fish, Senior Vice President & Head of Aviation Operations Solutions at IBS Software comments: "A robust crew management and flight operations system is integral to airlines' ability to adapt in modern times of political and economic instability. Our relationship with Transavia Netherlands and Transavia France marks a shared commitment to spearheading sustainability & digital transformation across the aviation industry." This partnership marks a milestone in Transavia Netherlands and Transavia France's modernization strategy, as both carriers migrate to a cloud-based infrastructure to power a centralized platform and bolstering an open platform strategy. About IBS Software IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel, and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty, and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world. Further information can be found at Follow us: Blog | LinkedIn | Facebook | Instagram About Transavia Netherlands Since 1965, Transavia has been making flying accessible to everyone. Passengers enjoy annual holiday travel, visiting family abroad, and exploring new destinations across Europe and North Africa. This is made possible by a dedicated team of over 3,000 employees — from cockpit and cabin crew to technical and office staff on the ground. Together, they ensure a high-quality journey, delivering a truly exceptional travel experience, now and in the future. About Transavia France Transavia, the low-cost airline of the Air France-KLM group, operates nearly 400 routes from France (Orly, Nantes, Lyon, Montpellier, Bordeaux and Marseille), the Netherlands (Amsterdam, Rotterdam, Eindhoven) and Belgium (Brussels) to France, Europe and the Mediterranean basin. In 2024, Transavia France sold 14 million seats. Today, it is the leading low-cost airline departing from Paris (Beauvais, Charles de Gaulle, Orly). With more than 3,200 employees in France, Transavia is committed to service quality, crew proximity and innovation. A commitment that regularly earns it awards. In the Skytrax 2024 ranking - Transavia is the 2nd best Low Cost airline in Europe, and 5th worldwide. For the fifth year running, Transavia France was voted Customer Service of the Year 2025 in the Public Passenger Transport category. For the sixth time, it was also awarded the "Meilleure Enseigne" label by Capital magazine and received the Qualiweb 2025 trophy for its online services in the Tourism and Transport category. Finally, Transavia France received the Travel Trust Award from Skyscanner, for the best booking experience. Photo: View original content to download multimedia: SOURCE IBS Software
Time of India
4 days ago
- Business
- Time of India
Iran Israel war ceasefire boosts airlines stocks as share prices rise big. Check full list here
Iran Israel ceasefire on Tuesday cheered stocks of the US and European airlines as share prices witnessed massive uptick. The jump is based on expectations that a ceasefire between Israel and Iran would hold. Airlines worldwide cancelled flights to several Middle Eastern destinations, including major international hubs such as Dubai and Doha, as several countries closed their airspace after Iran attacked the Al Udeid U.S. military base in Qatar on Monday. Qatar and the United Arab Emirates have since reopened their airspace. Airlines Share Prices Air France KLM, British Airways owner, Lufthansa were up between 6 per cent and 10 per cent, while Wizz Air gained 3.2 per cent. The US legacy carriers United Airlines, Delta Air Lines and American Airlines were up about 4 per cent each in morning trade, Reuters reported. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 23.7% Returns in last 5 years with Shriram Life's ULIP Shriram Life Insurance Also Read - Gold Price crashes: Gold rate drops to 2-week low after Iran Israel war ceasefire. Analysts predict bullion rates "There had been a relief wave pulsing through the travel sector, amid hopes that grounded flights could take to the skies again, but pessimism has crept back in," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Live Events "Travel stocks moved higher, both on the implications for fuel costs and as the potential hit to foreign travel appetite that might have resulted from any further escalation of Middle East tensions seems to have been swerved," said AJ Bell investment director Russ Mould. US President Trump said on Tuesday Israel had called off its attack in response to his command to preserve an hours-old ceasefire. However, Iranian and Israeli media reported new Israeli air strikes on Iran minutes after Trump made these comments before heading off to The Hague for a NATO summit. FAQs Q1. Who is President of USA? A1. President of USA is Donald Trump. Q2. How shares of airlines are performing? A2. Air France KLM, British Airways owner, Lufthansa were up between 6 per cent and 10 per cent, while Wizz Air gained 3.2 per cent. The US legacy carriers United Airlines, Delta Air Lines and American Airlines were up about 4 per cent each in morning trade, Reuters reported.
Time of India
4 days ago
- Business
- Time of India
Shares of US, European airlines rise up to 10% on hopes of Israel-Iran truce
Shares of U.S. and European airlines rose on Tuesday, while oil prices declined on expectations that a ceasefire between Israel and Iran would hold. Air France KLM, British Airways owner, Lufthansa were up between 6% and 10%, while Wizz Air gained 3.2%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ingin Tahu Tentang Diagnosis Limfoma? Dapatkan Info Selengkapnya Limfoma Baca Undo U.S. legacy carriers United Airlines, Delta Air Lines and American Airlines were up about 4% each in morning trade. Smaller rivals Alaska Air and JetBlue Airways were also up 3.5% and 6%, respectively. U.S. President Trump said on Tuesday Israel had called off its attack in response to his command to preserve an hours-old ceasefire. However, Iranian and Israeli media reported new Israeli air strikes on Iran minutes after Trump made these comments before heading off to The Hague for a NATO summit. Live Events "There had been a relief wave pulsing through the travel sector, amid hopes that grounded flights could take to the skies again, but pessimism has crept back in," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Airlines worldwide cancelled flights to several Middle Eastern destinations, including major international hubs such as Dubai and Doha, as several countries closed their airspace after Iran attacked the Al Udeid U.S. military base in Qatar on Monday. Qatar and the United Arab Emirates have since reopened their airspace. "Travel stocks moved higher, both on the implications for fuel costs and as the potential hit to foreign travel appetite that might have resulted from any further escalation of Middle East tensions seems to have been swerved," said AJ Bell investment director Russ Mould. ENERGY STOCKS TAKE A HIT Oil majors took a hit after crude prices fell to their lowest in two weeks. Oil has lost 10% in value in the last week. "Assuming the ceasefire holds, it reinforces our view that de-escalation was more likely than a full blockade of the Strait of Hormuz - a move that would have triggered a sharp spike in oil prices," Mukesh Sahdev, global head of commodity markets at Rystad Energy, said in a note. "With this in mind, we expect oil prices to hold near the $70 per barrel level while clarity on a US-Iran deal emerges, assuming the ceasefire holds." European energy stocks dropped 3%, with BP and Shell falling around 5% and 4%, respectively, while Norway's Equinor fell around 7%. Meanwhile, shares of Exxon and Chevron were down about 1.5% each.
Reuters
4 days ago
- Business
- Reuters
Shares of US, European airlines rise on hopes of Israel-Iran truce
June 24 (Reuters) - Shares of U.S. and European airlines rose on Tuesday, while oil prices declined on expectations that a ceasefire between Israel and Iran would hold. Air France KLM ( opens new tab, British Airways owner (ICAG.L), opens new tab, Lufthansa ( opens new tab were up between 6% and 10%, while Wizz Air (WIZZ.L), opens new tab gained 3.2%. U.S. legacy carriers United Airlines (UAL.O), opens new tab, Delta Air Lines (DAL.N), opens new tab and American Airlines (AAL.O), opens new tab were up about 4% each in morning trade. U.S. President Trump said on Tuesday Israel had called off its attack in response to his command to preserve an hours-old ceasefire. However, Iranian and Israeli media reported new Israeli air strikes on Iran minutes after Trump made these comments before heading off to The Hague for a NATO summit. "There had been a relief wave pulsing through the travel sector, amid hopes that grounded flights could take to the skies again, but pessimism has crept back in," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Airlines worldwide cancelled flights to several Middle Eastern destinations, including major international hubs such as Dubai and Doha, as several countries closed their airspace after Iran attacked the Al Udeid U.S. military base in Qatar on Monday. Qatar and the United Arab Emirates have since reopened their airspace. "Travel stocks moved higher, both on the implications for fuel costs and as the potential hit to foreign travel appetite that might have resulted from any further escalation of Middle East tensions seems to have been swerved," said AJ Bell investment director Russ Mould. Oil majors took a hit after crude prices fell to their lowest in two weeks . Oil has lost 10% in value in the last week. "Assuming the ceasefire holds, it reinforces our view that de-escalation was more likely than a full blockade of the Strait of Hormuz - a move that would have triggered a sharp spike in oil prices," Mukesh Sahdev, global head of commodity markets at Rystad Energy, said in a note. "With this in mind, we expect oil prices to hold near the $70 per barrel level while clarity on a US-Iran deal emerges, assuming the ceasefire holds." European energy stocks (.SXEP), opens new tab dropped 3%, with BP (BP.L), opens new tab and Shell (SHEL.L), opens new tab falling around 5% and 4%, respectively, while Norway's Equinor ( opens new tab fell around 7%. Meanwhile, shares of Exxon (XOM.N), opens new tab and Chevron (CVX.N), opens new tab were down about 1% each.
Yahoo
4 days ago
- Business
- Yahoo
Shares of US, European airlines rise on hopes of Israel-Iran truce
By Shivansh Tiwary and Rashika Singh (Reuters) -Shares of U.S. and European airlines rose on Tuesday, while oil prices declined on expectations that a ceasefire between Israel and Iran would hold. Air France KLM, British Airways owner, Lufthansa were up between 6% and 10%, while Wizz Air gained 3.2%. U.S. legacy carriers United Airlines, Delta Air Lines and American Airlines were up about 4% each in morning trade. U.S. President Trump said on Tuesday Israel had called off its attack in response to his command to preserve an hours-old ceasefire. However, Iranian and Israeli media reported new Israeli air strikes on Iran minutes after Trump made these comments before heading off to The Hague for a NATO summit. "There had been a relief wave pulsing through the travel sector, amid hopes that grounded flights could take to the skies again, but pessimism has crept back in," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Airlines worldwide cancelled flights to several Middle Eastern destinations, including major international hubs such as Dubai and Doha, as several countries closed their airspace after Iran attacked the Al Udeid U.S. military base in Qatar on Monday. Qatar and the United Arab Emirates have since reopened their airspace. "Travel stocks moved higher, both on the implications for fuel costs and as the potential hit to foreign travel appetite that might have resulted from any further escalation of Middle East tensions seems to have been swerved," said AJ Bell investment director Russ Mould. ENERGY STOCKS TAKE A HIT Oil majors took a hit after crude prices fell to their lowest in two weeks. Oil has lost 10% in value in the last week. "Assuming the ceasefire holds, it reinforces our view that de-escalation was more likely than a full blockade of the Strait of Hormuz - a move that would have triggered a sharp spike in oil prices," Mukesh Sahdev, global head of commodity markets at Rystad Energy, said in a note. "With this in mind, we expect oil prices to hold near the $70 per barrel level while clarity on a US-Iran deal emerges, assuming the ceasefire holds." European energy stocks dropped 3%, with BP and Shell falling around 5% and 4%, respectively, while Norway's Equinor fell around 7%. Meanwhile, shares of Exxon and Chevron were down about 1% each. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
