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The global airline industry stands to incur losses of between USD$3 billion and USD$4 billion this year as surging oil prices wipe out any hope of profit created by rising passenger traffic, the International Air Transport Association said on Monday.
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United Parcel Service (UPS) and its pilot union resumed contract negotiations with mediators on Monday as they tried to reach an accord on issues including scheduling, retirement and compensation.
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Air Canada's plan to emerge from 18 months of bankruptcy protection includes an USD$821 million order to buy 30 regional jets from Bombardier.
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Lufthansa chief Wolfgang Mayrhuber is threatening to switch more European traffic to its partners if the airline fails to reach an agreement on lower personnel costs with unions the Financial Times Deutschland and Handelsblatt reported.
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European airlines hoping for a 2005 industry recovery face new hurdles as record high oil prices threaten to drive up costs and fuel surcharges for passengers officials said.
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Thai Airways International said on Tuesday it filled 76.1 percent of its seats in August, the highest since January and up from the same period a year earlier.
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Several thousand passengers were waiting at Norway's Oslo Gardermoen Airport early on Tuesday as flights were hit by a string of cancellations and delays after a complete halt in air traffic on Monday, officials said.
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Up to 100 flights were disrupted at Oslo's main Gardermoen Airport on Monday as air controllers stopped work to protest a decision to close their offices, officials said.
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Vienna Airport operator Flughafen Wien is interested in acquiring a stake in Brussels airport operator BIAC, the Austrian firm said on Tuesday.
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Swedish unions representing baggage handlers and mechanics called a strike for October 11, a move that will hit Scandinavian airlines group SAS and other carriers.
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Richard Branson's Virgin Atlantic Airways announced an agreement with Nigeria on Tuesday to set up a new airline following the collapse of the African nation's flagship carrier last year.
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European Union Transport Commissioner Loyola de Palacio said on Tuesday she hoped to review the rescue plan of Italy's Alitalia before the end of her term, but she was not sure it would be possible.
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Japan's two biggest airlines, Japan Airlines and All Nippon Airways are planning to raise fares on Japan-Europe routes by 5 percent from January 15 to offset soaring fuel costs.
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European Union Transport Commissioner Loyola de Palacio said on Tuesday she hoped to review the rescue plan of Italy's Alitalia before the end of her term, but she was not sure it would be possible.
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Northwest Airlines today announced that it will offer new seasonal service between Anchorage, Alaska, Maui, Hawaii, and Honolulu, from Feb. 17 through April 3, 2005.
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