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.

Air France KLM Martinair Cargo recorded improvements in cargo volumes, revenues and yield in the third quarter as it benefitted from rising demand out of

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