Soaring jet fuel prices hamper airlines' results
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Northwest Airlines Corp , AirTran Holdings Inc  and JetBlue Airways Corp  all posted fourth-quarter losses on Tuesday as soaring jet fuel prices continued to weigh on major U.S. carriers.
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Airline stocks moved slightly higher Tuesday on hopes fuel costs might become more manageable after the head of the Organization of Petroleum Exporting Countries said crude oil prices would likely retreat in the next few months.
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Europe&#39;s largest carrier Air France-KLM has joined rivals in raising its ticket prices to offset soaring jet fuel costs, but a leading bank has questioned how effective the surcharges will be in protecting airline profits.
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Most U.S. airlines, trying to offset  record high jet fuel prices, have boosted air fares in North  America by as much as $10 on round-trip flights.
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Most U.S. airlines, trying to offset record high jet fuel prices, have boosted air fares in North America by as much as &#36;10 on round-trip flights.
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NEW YORK -- As larger US airlines suffer growing losses, low-cost carriers, previously thought to be invincible, are not far behind, industry experts say, due to soaring jet fuel prices, low air fares, and more competition.
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Major US airlines yesterday reported heavy third quarter losses, under pressure from record fuel prices and fierce competition with budget carriers.
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A fare hike that raises tickets by $5  each way announced by American Airlines earlier this week to  offset record high jet fuel appears to be sticking among other  U.S. airlines, an industry source said on Friday.
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Delta Air Lines Inc., which is transforming its business to reduce costs and attract more fliers, blamed high fuel prices, low fares and hefty charges as it reported a $2.2 billion fourth quarter loss that was much steeper than a year ago.
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BUDGET airline Ryanair will fail to make a profit this winter as its aircraft fuel bill soars by as much as 50% after it admitted it had not taken action against the spiralling oil price.
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Continental Airlines Inc. reported strong traffic, helping it cope with rising jet fuel prices.
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SAN FRANCISCO (CBS.MW) - Higher fuel prices will help cause the domestic and international airline industry to lose $3 billion to $4 billion in 2004, the International Air Transport Association forecast Monday.
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Japan Airlines Corp. (JAL), Asia's biggest airline, fell to a loss in the third quarter as high fuel prices outweighed a recovery on international routes, but it kept its full-year outlook.
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Travel: Latest expansion plans a serious test of the airline market's resilience to credit crunch and rising oil price
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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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British Airways announced Friday that it was increasing its fuel surcharge on both short-haul and long-haul flight tickets because of rising oil prices.
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British Airways, Europe&#39;s biggest airline by passenger capacity, has hiked its fuel surcharges by up to UKÂ£8 per ticket, a day after oil prices climbed to record levels.