Australia's Qantas Airways said on Monday it had postponed talks with striking aircraft engineers until Wednesday to give unions more time to prepare.
Skyrocketing global oil prices and intensifying competition in international trade have prompted Thailand to sharpen logistics competitiveness to lower manufacturers' costs and cut the kingdom's import oil bills. With a road network nationwide of 190,000 kilometres compared to just 4,000 km of railways, Thailand has relied heavily on road transport, accounting for almost 88% of total transport use, while the remaining 12% is divided among marine, rail and air modes.
Chinese airlines have asked the industry regulator to allow them to increase fuel surcharges as they confront surging oil prices, Shanghai Airlines Chairman Zhou Chi said on Friday.
European Union governments have struck a provisional deal with the European Parliament to include aviation from 2012 in the Emission Trading Scheme (ETS), a key tool to fight climate change, parliament said on Friday.
Malaysia Airlines on Friday raised fuel surcharges on its international flights by up to 80 percent, and warned that fare increases around the world were needed to prevent an industry collapse.
Ryanair announced on Friday that director Sean Coyle had quit to become chief financial officer at rival Aer Lingus, in which Ryanair holds a 29 percent stake after a failed takeover bid.
Budget airline Norwegian Air Shuttle is seeking further cost cuts, including reducing flights, to offset the impact of high oil prices.
The chief executive of Scandinavian carrier SAS said the airline industry will see really challenging times this year and next due to high oil prices and overcapacity problems.
Bolivia's leftist government is preparing a state takeover of the country's three biggest airports, currently run by a subsidiary of Spain's Abertis, a local newspaper reported on Friday.
Nordic low-cost airline Sterling on Friday said it would cut about 20 percent of its about 1,000 pilots and cabin crew to combat the effects of a deteriorating business environment.
Malaysia Airlines on Friday raised fuel surcharges on its international flights by up to 80 percent, and warned that fare increases around the world were needed to prevent an industry collapse.
Ryanair announced on Friday that director Sean Coyle had quit to become chief financial officer at rival Aer Lingus, in which Ryanair holds a 29 percent stake after a failed takeover bid.
Budget airline Norwegian Air Shuttle is seeking further cost cuts, including reducing flights, to offset the impact of high oil prices.
Spanish airline Iberia will put the brakes on a planned fleet expansion due to higher fuel prices, Expansion newspaper reported on Friday, citing unnamed sources close to the company.
The chief executive of Scandinavian carrier SAS said the airline industry will see really challenging times this year and next due to high oil prices and overcapacity problems.
The chairman of Thai Airways International is overturning a board decision to sack president Apinan Sumanaseni, exposing a split in the board of the state-owned national flag carrier.
Hong Kong-based Cathay Pacific and four other airlines have been fined a total US$504 million for conspiring to fix air cargo prices.
The European Commission has adopted a second package of legislation for a Single European Sky (SES II).
Qantas and Singapore Airlines have denied reports that they are looking at a merger as a result of crippling fuel prices.