Bloomberg Air France-KLM shares dropped the most in six months after the Franco-Dutch carrier said last-minute demand in the crucial summer season has been disappointing. “Close-in bookings in the peak travel period are weaker than foreseen in view of softening macro-economic environment,” the Paris-based airline said in a statement on its August figures on Monday. The shares fell as much ...

Bloomberg The head of Germany’s ruling Christian Democrats suggested a levy on flights could be introduced to encourage travellers to use less polluting means of transport and help tackle climate change. Rail travel must be made cheaper, possibly by cutting sales tax on train tickets, Annegret Kramp-Karrenbauer, leader of Chancellor Angela Merkel’s CDU party, said in an interview with ARD ...

Bloomberg Boeing Co suspended testing of its 777X aircraft after a cargo door failed in a ground stress test, Reuters reported, citing a statement from a company spokesman. “During final load testing on the 777X static test airplane, the team encountered an issue that required suspension of the test,” Reuters quoted the spokesman as saying. The setback occurred last week, ...