BAA slumps to loss as air travel shrinks
Passenger numbers fell 7.4pc year-on-year to 55.2m in the six months to June 30 as the downturn held back consumer spending and business travel. Heathrow proved the most resilient of BAA's..... Read More
Air travel forecast: Fewer flights, higher fares
Most major U.S. airlines posted another quarter of sizable losses last week. The Air Transport Association (ATA) predicts U.S. airlines will lose $2.3 billion this year, but actual..... Read More
Airlines hit by slowing travel increase fees
In this tough economy, does it make more sense for airlines to lower fares to draw in budget-conscious travelers or raise rates and fees to boost revenues? There seems to be no consensus..... Read More
