CSA Czech Airlines, earmarked for privatization, booked a loss of CZK444 million koruny (USD$27.8 million) in the January to April period, as high fuel prices offset cost cuts in what is usually a weak part of the year.
Australia's Qantas Airways said on Thursday it plans to make changes to some international flight schedules to manage the effects of higher oil prices.
Air New Zealand said on Thursday it planned to use biofuels for 10 percent of its fuel consumption within the next five years amid rising jet fuel prices and a global drive to cut carbon emissions.
Air Canada's load factor on its mainline system rose to a record 84.3 percent last month, up from 83.8 percent in May 2007.
Mexican airport operator Asur said on Thursday its passenger traffic rose 13.2 percent in May, returning to the double-digit growth observed during the first quarter of 2008.
The UN's aviation agency on Thursday launched a standard to calculate how much air passengers should pay to offset their carbon emissions, deciding to ignore an area of hot debate on the sector's climate effect.
The European Union will give Canberra 19 pieces of personal information on passengers traveling to Australia at least 72 hours before their flights, after EU ministers backed an anti-terrorism deal on Thursday.
Bankrupt Frontier Airlines said on Thursday the International Brotherhood of Teamsters Union voted in support of temporary wage and benefit concessions sought by Frontier.
Airport operator Hightlands and Islands Airports Limited (HIAL) have said the planned strike by airport firefighters next week has now been suspended. Further talks will take place between the company and the Unite trade union. However, industrial action is still proposed for July 4.
Liverpool Airport managing director, Neil Pakey, has called on the Government not to 'tax planes out of the sky' at a time when fuel prices are crippling airline profits. The Treasury is planning to reform Air Passenger Duty (APD), which is added to the cost of every plane journey from the UK - and Mr Pakey is urging it not to add to airlines' costs at a time of record fuel prices.
The Times has criticised Ryanair and Michael O'Leary for his decision not to hedge against rising oil prices, which has left the airline almost completely exposed to oil at more than $130 a barrel. The 'crappy airlines' that he suggested would go bust this year also criticised the budget airlines failure to hedge its fuel needs.
BAA started talks with holders of £4.7bn of its bonds on implementing a new debt structure yesterday, the airports operator said in a statement. The bondholders are seen as the key group of investors that could frustrate its proposed refinancing.
Flights in and out of London City Airport were disrupted yesterday after the discovery of a World War II bomb nearby. They resumed in the early evening, but delays continue into the night.
British Airways plans to order widebody (twin-aisle) aircraft this year even though it is facing record fuel prices and weakening consumer demand. Chris Avery, an analyst at JP Morgan said: 'The delivery dates will be so far out that a recession won't matter.'
A man accused of leading a plot to blow up passenger planes has admitted planning to set off an explosive device at Heathrow Airport. Abdullah Ahmed Ali, 27, told Woolwich Crown Court he had initially wanted to target Parliament, but abandoned the idea because security was too tight. He said he was particularly interested in Heathrow Terminal 3 because it was used by several US airlines.
Jet2 and Flybe have hit back at Ryanair boss Michael O' Leary's after he said that the fuel crisis will shut down 'crappy competitors', naming both airlines along with Flyglobespan, Sky Europe and Vueling.
Vietnam's government plans to quadruple its overall airport capacity in 12 years.
In a busy day for Ryanair the airline announced its annual and final quarter results, plans to ground planes this winter and a prediction for its 2009 profits. The budget airline said it would ground up to 10% of its fleet this winter to combat higher airport charges, unveiled a 20% rise in adjusted full-year net profit in the year to March 31, which saw a loss in the final quarter, and predicted that it would only break even in 2009.
Japan's Skymark Airlines, a discount domestic carrier, will cancel 168 flights in June due to a shortage of pilots, sending its shares to their lowest level this year.
US airline ExpressJet said on Monday it was still reviewing strategic alternatives following an unsolicited bid by SkyWest, which it initially rejected.