WestJet Estimates Cut on Load Factor Woes
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Analysts chopped their fourth-quarter  profit estimates for WestJet Airlines Ltd. WJA.TO on  Wednesday and braced for turbulence in its share price, mainly  because of computer woes that hurt its online reservations  bookings.
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Delta Air Lines yesterday announced plans to cut up to 6,900 jobs over the next 18 months as it struggles to avoid bankruptcy. The airline is in the midst of a restructuring designed to cut $5bn (Â£2.
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US emergency cut in response to weakening economic outlook and recession fears
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The world&#39;s airline industry is set to rack up losses of almost $5bn (Â£2.6bn, 3.6bn euros) this year, global airline body AITA has forecast.
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International aviation not included in UK figures while mild winter means country used less fuel
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Sputtering U.S. economy forces shipper to cut forecast.
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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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Facing public pressure to become more fuel efficient, aircraft makers are using plastic-based materials to reduce a jetâs weight.
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Cold snap provides more trouble for travellers disrupted by repair work on West Coast main line
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Several Wall Street analysts cut their  forecast on earnings for American Airlines parent AMR Corp.  AMR.N on Thursday while the airline's chief executive said  high fuel prices had stung the world's largest carrier.
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The airline narrowed its fourth-quarter loss to $8 million, beating Wall Streetâs forecasts despite higher fuel costs.
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SEPTEMBER 15, 2004 -- British Airways reduced its winter schedule by 966 flights from its London Heathrow hub--roughly 2 percent of its operation--as a proactive measure to avoid flight disruptions.
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A planned capacity cut by Northwest Airlines Corp. may restore orderly service after a week of widespread cancellations, but Northwest pilots lament the inevitable loss of revenue, the workers' union said on Monday.
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The nationâs fleet of commercial planes is aging as carriers put off buying more comfortable and fuel-efficient jets.
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Early estimates of China Aviation Oil (Singapore)&#39;s gross liabilities suggest the crippled jet fuel supplier could face debts of US$450-500 million, said a report in Singapore&#39;s Business Times on Tuesday.
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Facing continued top-line weakness, the company may have to cut costs.
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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.