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The chief executives of United Airlines and US Airways plan to meet on Thursday to discuss progress in merger talks and address key issues, a source familiar with the matter said on Wednesday.

Spain's Iberia said on Thursday its bid for Spanair was under question given hard times for the sector, while seller SAS said it would cancel the sale if no deal was struck by July 1.

British Airways said on Thursday it would increase its fuel surcharge on all tickets issued from Tuesday, June 3, due to continuing high oil prices.

Canada's Bombardier, the world's third-largest civil aircraft maker, said on Thursday it plans to invest USD$250 million in a new Mexican plant in the central state of Queretaro.

Mesa Air said on Thursday it won a preliminary injunction in federal court in Atlanta preventing Delta Air Lines from terminating a contract with Mesa's subsidiary, Freedom Air.

Fitch Ratings on Thursday cut US Airways deeper into junk, citing the growing likelihood of a cash shortfall later this year or in early 2009 due to rising crude and jet fuel prices.

Iberia said on Thursday it would drop its bid for Spanair, shortly after the chairman said Iberia was rethinking its stance on the offer because of hard times in the sector.

Australasia's two main carriers, Qantas and Air New Zealand, tightened their belts further on Wednesday in the face of high fuel costs, with Qantas taking more seats out of the air.

South Korea may raise air fuel surcharges and domestic power prices, adding further pressure to accelerating inflation, even as Asia's fourth-largest economy slows.

Merger talks between United Airlines and US Airways have slowed and a deal is not expected in time for review by the Bush administration, sources said late on Tuesday.

Ailing Italian airline Alitalia said on Tuesday it posted a 2007 loss of EUR495 million euros and repeated it needed a new capital quickly to keep flying.

Italian Prime Minister Silvio Berlusconi will make good on a pledge to find an Italian buyer for Alitalia to help it avoid bankruptcy, a senior government official said on Wednesday.

A New York lawyer is suing Delta Air Lines for USD$1 million, saying his family vacation turned into a nightmare after they were stranded in an airport for days and treated disdainfully by airline employees.

The number of international airline passengers traveling first class and business class in March declined the most since 2003, according to a trade group for international airlines.

British Airways said on Wednesday it would move its remaining long-haul flights to Heathrow's new Terminal 5 building in two phases before the end of the year.

The aviation industry could be hit with billions of euros of extra costs from new proposals aimed at curbing carbon dioxide after 2013 and will struggle to cope, airlines said on Wednesday.

Flight attendants at Delta Air Lines have voted against joining the union that represents attendants at Delta's proposed merger partner Northwest Airlines, Delta and the Association of Flight Attendants (AFA) said on Wednesday.

Investigators are trying to determine the cause of the crash on Sunday at Brussels International airport, in which a Kalitta Air freighter overran the runway and broke in two.

Luton Airport based all business airline Silverjet is still hopeful it will receive its £12.6 million rescue package as its backers 'are still keen to invest', a spokesman for the all-business airline told travelmole.com this morning.

BAA has found an unlikely ally in its battle against regulators, after British Airways chief executive Willie Walsh said breaking up the UK airports operator would make no difference to competition for airline customers, the Mail reports.