India’s Tata Consultancy Services (TCS) has signed a multi-year agreement with Air France-KLM to modernise the airline group's data architecture by migrating it to the cloud. This partnership aims to enhance operational efficiency and support a sustainable aviation industry by leveraging cloud technology.

Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result and warned that this year's costs would be higher than previously projected. The French-Dutch airline group's shares fell 11% and could see their biggest daily drop in over two years if the losses persist.

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PARIS (Reuters) - Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'. Air France KLM shares were down around 2% in early session trading.