Ryanair hit by soaring fuel costs
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Ryanair, Europe's biggest low-cost airline, reports a 26% drop in quarterly profit after it cut fares and the price of fuel jumped.
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HEAVY suitcases aren&#39;t the only things weighing down aeroplanes and requiring them to burn more fuel, pushing up the cost of flights.
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British Airways is to increase its fuel surcharge as a result of the continuing rise in the price of oil. The airline said its longhaul surcharge on all UK bookings will rise from Â£6 ($10.
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Low-cost airline Ryanair has been criticised by advertising watchdogs for making misleading claims.
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American Airlines on Wednesday said record-high fuel costs pushed it to a hefty third-quarter loss and warned it must cut costs and find new revenue sources to survive in a world of soaring oil prices.
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FORT WORTH, Texas Soaring jet fuel prices will force American Airlines to spend an additional one (B) billion dollars for fuel this year.
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Ryanair, Europe's biggest budget airline, reports a 33% rise in profits, lifted by higher ticket prices and charges.
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SURGING oil prices are continuing to drive up British Airwaysâ fuel costs and persuaded it to continue its three-year freeze on the dividend yesterday despite rising profits.
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Ryanair , Europe's biggest budget airline, launched a shock bid for Aer Lingus  on Thursday, valuing the former Irish state carrier -- which listed just four days ago -- at 1.48 billion euros ($1.9 billion).
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Budget airline Ryanair reports an 80% surge in profits after it carried more passengers to sunnier climes.
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Scarborough, Tobago - The global airline industry would lose about $5 billion (R31 billion) this year, and more bankruptcies of carriers were likely, due in part to rising fuel costs, an International Air Transport Association official warned this week.
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Delta Air Lines, United Airlines and Continental Airlines have all raised their domestic fuel surcharges, matching a move by American Airlines amid soaring fuel prices.
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Qantas Airways has raised its fuel surcharge on domestic and international tickets by $4 and $7, respectively, because of the high price of oil.
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Budget airline Ryanair reports a 30% profit rise for the last three months of 2006, despite rising fuel costs.
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QANTAS will be at least $196 million out of pocket this year because of rocketing fuel prices, even with surcharges. Fuel costs for international and domestic flights had soared $560 million above last year, the flag carrier said last night.
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Budget airline Ryanair sees profits grow 30% in the last three months of 2006, despite the impact of rising fuel costs.
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AUSTRALIAN airline Qantas has upped its prices for the second time in three months, blaming rising oil prices, while budget airline Ryanair insists it will not impose fuel surcharges on customers.