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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Air France-KLM    AF   FR0000031122

AIR FRANCE-KLM (AF)
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Lufthansa, Air France departures briefly hit by computer outage

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04/20/2017 | 11:03pm CEST
A logo of German airline Lufthansa is seen before the company's annual news conference at the airport in Munich

FRANKFURT (Reuters) - Lufthansa (>> Deutsche Lufthansa AG) and Air France (>> Air France-KLM) were briefly hit by computer problems preventing them from boarding passengers on Thursday evening, airport and airline staff said on Thursday.

FRANKFURT (Reuters) - Lufthansa (>> Deutsche Lufthansa AG) and Air France (>> Air France-KLM) were briefly hit by computer problems preventing them from boarding passengers on Thursday evening, airport and airline staff said on Thursday.

A gate agent at Frankfurt airport, Lufthansa's main hub, had announced the airline was having "a computer system breakdown worldwide," preventing passengers from getting on planes, but shortly afterwards was able to resume boarding, a Reuters reporter at the scene said.

The airline said on its Twitter account the systems were back up and running after a global outage.

Twitter users spoke of similar boarding delays at Air France, although they were also quickly resolved. A spokesman for Air France said it was due to a problem with a system from travel technology group Amadeus IT (>> Amadeus It Group SA).

Amadeus confirmed its Altea system had experienced some technical issues, which resulted in flight delays and problems in the booking process.

"All systems are now working normally and the situation is fully recovered. We regret any inconvenience caused to customers and travellers," it said in a statement.

Some North American carriers have in recent months had to ground flights as a result of computer glitches, although such instances have been rare in Europe.

In January for example, United Airlines (>> United Continental Holdings Inc) had to ground all domestic flights for about an hour one Sunday evening, causing a cascade of delays throughout the United States.

Last August, a power outage hit computer systems at Delta Air Lines (>> Delta Air Lines, Inc.) and led to thousands of flights being cancelled.

(Reporting by Tim Hepher and Victoria Bryan; Editing by Elaine Hardcastle and Toby Chopra)

Stocks mentioned in the article
ChangeLast1st jan.
AMADEUS IT GROUP -2.47% 59.18 End-of-day quote.0.95%
DELTA AIR LINES 1.56% 54.65 Delayed Quote.-3.91%
LUFTHANSA GROUP -3.36% 25.61 Delayed Quote.-13.74%
UNITED CONTINENTAL HOLDINGS INC -0.64% 68.51 Delayed Quote.2.30%
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Financials (€)
Sales 2018 26 462 M
EBIT 2018 1 434 M
Net income 2018 867 M
Debt 2018 1 799 M
Yield 2018 0,78%
P/E ratio 2018 3,97
P/E ratio 2019 3,51
EV / Sales 2018 0,20x
EV / Sales 2019 0,18x
Capitalization 3 465 M
Chart AIR FRANCE-KLM
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Air France-KLM Technical Analysis Chart | AF | FR0000031122 | 4-Traders
Technical analysis trends AIR FRANCE-KLM
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 22
Average target price 12,1 €
Spread / Average Target 49%
EPS Revisions
Managers
NameTitle
Jean-Marc Janaillac Chairman & Chief Executive Officer
Frédéric Gagey Chief Financial Officer
Jean-Christophe Lalanne Executive Vice President-Information Technology
Maryse Aulagnon Independent Director
Jean-Dominique Comolli Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR FRANCE-KLM-40.37%4 232
DELTA AIR LINES-3.91%38 605
AIR CHINA LTD.-10.63%23 197
RYANAIR HOLDINGS PLC2.70%22 301
UNITED CONTINENTAL HOLDINGS INC2.30%20 023
INTERNATIONAL CONSOLIDATED AIRLINES GROUP-3.69%17 668