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AFRAA launches joint fuel purchasing project

(eTN) - Nine member airlines of the African Airline Association (AFRAA) in Nairobi will be joining hands under a project devised by AFRAA in an effort to seek lowering their fuel cost in the future.

Rising fuel costs batter Emirates’ profit

Rising fuel costs and turbulent currency markets have dragged profits at Emirates Airline lower as the industry braces for a tough year ahead.

Airlines up fares to offset high fuel costs

Dubai - Airlines around the world will have to increase fares by about five per cent to offset the massive 50 per cent surge in fuel prices over the last 12 months, the chief economist of the Internat

Airline fees soar

NEW YORK - Thinking of spending a weekend in Paris this spring? Think again.

US carriers report 14th consecutive month of revenue growth

WASHINGTON - The Air Transport Association of America (ATA), the industry trade organization for the leading U.S.

Air Canada adjusts outlook in light of sustained high fuel costs

Air Canada said that it is adjusting its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs. AC had said back on Feb.

Emirates to raise fares as fuel costs soar

Emirates, the Arab world’s biggest airline, will raise fares from Tuesday as oil market speculation sends fuel costs soaring, the Dubai flag carrier said in a statement.

Air Arabia net profit plunges 37 percent

DUBAI, United Arab Emirates - Budget airline Air Arabia posted a 37% drop in Q4 net profit, missing analyst forecasts, and the airline plans to cut its dividend amid rising competition and higher fuel

Rising fuel costs dampen Carnival’s profit

CHICAGO — Higher fuel costs dampened cruise operator Carnival Corp.'s second-quarter profit, but the company said Tuesday that its revenue rose and an important performance measure climbed for the f

Southwest locks in fuel costs, a gamble that keeps fares in...

As jet fuel prices sent airlines on a stomach-churning ride, spurring new fees and higher prices, Southwest Airlines customers have had a smoother trip.

Bill Marriott joins voices calling for action on energy and fuel...

BETHESDA, Maryland - With sky-high fuel prices threatening the airline industry and potentially stifling travel throughout the US, Marriott International, Inc.

Rising fuel costs spur Air Tahiti Nui to suspend JFK-Tahiti winter...

LOS ANGELES, CA - Air Tahiti Nui announced its decision today to suspend its flights from John F.

Southwest Airlines and the FAA revolutionize the skies

Southwest Airlines' senior director of Flight Operations Jeff Martin spoke today about the benefits of RNP (Required Navigation Performance) and Southwest's progression on RNP implementation fleet-wide at the Eco-Aviation Conference in Washington, D.C.

Budget airline AirAsia expands in-flight menu, merchandize to offset higher fuel...

Kuala Lumpur, Malaysia - Budget carrier AirAsia on Wednesday unveiled plans to boost income with a wider in-flight Asian menu and offering online merchandize to help offset rising fuel costs.

Fuel costs could bankrupt most airlines next year

FORT WORTH, Texas - A new study released by a business travelers group has predicted most major airlines will be bankrupt by next year if fuel costs remain high. The study, which was commissioned by the Business Travel Coalition, said the commercial aviation industry is "in full-blown crisis and heading toward a catastrophe."

ExpressJet signs new agreement with Continental Airlines and reduces fleet

ExpressJet Holdings, Inc. announced today that, while it continues to explore all of its strategic options, it has entered into a new seven-year capacity purchase agreement with Continental Airlines, Inc.

United, Continental boost airfares

United Airlines and Continental Airlines increased fares as much as $50 per round trip Thursday and Friday as jet fuel rocketed to a record $3.03 per gallon this week and the airline industry and consumers alike wondered how high is up.

Airlines pushed into dejection zone

Lack of sops in the 2008 Budget has pushed loss-laden airline industry into dejection zone, but civil aviation minister Praful Patel continues to be hopeful of getting them a decent deal by pursuing states to reduce sales tax on aviation turbine fuel (ATF). The civil aviation ministry had sought inclusion of ATF in the list of declared goods so that states cannot levy more than 4% sales tax.

Budget airline on course for a ‘perfect storm’ as fuel costs...

The aviation industry is flying into a "perfect storm" that could halve Ryanair's profits next year, the low cost carrier warned yesterday.

Delta can’t afford to fly

With jet fuel prices refusing to retreat from record heights, Delta Air Lines is doing more than just raising fares, and some of the measures will hit Salt Lake City travelers this month.