Heavier Public Costs US Airlines in Fuel - Report
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US airlines spend hundreds of millions of dollars annually in extra fuel costs to transport a heavier traveling public, researchers estimate.
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TEMPE, Ariz.  â The US Airways Group said Thursday that it had swung to a fourth-quarter loss as a result of significantly higher fuel costs.
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NEW YORK, September 28  - The airline industry is expected to lose as much as $4 billion in 2004 due to the high fuel costs, despite an increase of about 19% in international passenger traffic so far this year.
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MONTREAL - Despite a jump of 19 percent in world air traffic this year, airlines are expected to lose as much as $4 billion in 2004 because of high fuel costs, the International Air Transport Association said Monday.
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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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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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Record fuel costs and low air fares contributed to a $274 million third-quarter loss for United Airlines&#39; parent company, which warned again that labor costs must be slashed again soon in order for it to emerge from bankruptcy.
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US Airways Group  posted a quarterly loss on Thursday, hurt by soaring fuel costs that have battered the airline industry.
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SINGAPORE (Dow Jones)--Air New Zealand Ltd. (AIR.NZ) is likely to increase its passenger fuel surcharge as oil prices and fuel costs continue to climb, managing director and chief executive Ralph Norris said at a lecture in Singapore Monday.
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Continental Airlines Inc., the nation's fifth biggest carrier, reported a $206 million loss for the fourth quarter, citing continued high fuel costs, fare erosion from competitive pressures and what it called excessive government taxes and fees.
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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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The global airline industry, battered by record fuel costs, could break even in 2005 if oil prices drop to an average of US$36 a barrel, the industry&#39;s trade group said Tuesday.
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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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Budget airline passengers are paying more than the price advertised due to extra costs, a Which? survey claims.
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US Airways Group Inc. (UAIR.O: Quote, Profile, Research) , squeezed severely by low-cost rivals and soaring fuel prices and failing in its drive for new
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Delta Air Lines Inc., the third- largest US carrier, said its third-quarter net loss widened to as much as $675 million because of higher fuel prices and lower average ticket prices.
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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.