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Search results for “oil price”
Qantas to Increase International and Domestic Fares as High Fuel Prices
05/27/2008
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1:36:00 PM
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Qantas announced that it would increase its international and domestic fares for tickets issued in Australia from 4 June onwards.
IT to the rescue of the air transport industry
06/23/2008
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11:11:00 AM
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BRUSSELS, June 19, 2008 – SITA, the specialist provider of IT business solutions and communication services to the air transport industry, today announced the 10th SITA and Airline Business Airline IT Trends Survey results[1] with a call to the industry to reap the full benefits of the internet for cost reductions and ancillary revenues in order to compensate for the soaring cost of fuel.
Continental Airlines to cut 3,000 jobs, capacity
06/09/2008
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12:03:00 PM
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Friday, 06 June 2008: Dallas (AP) - Continental Airlines said Thursday it is cutting 3,000 jobs and reducing capacity by 11 percent, citing record fuel costs that have pushed the industry into its worst crisis since 9/11.
United and US Airways merger off the cards: CEOs
06/04/2008
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10:09:00 AM
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Tuesday, 3 June 2008:Despite ongoing discussions, United Airlines and US Airways have announced that a merger is not on the cards, which could bring the trend of American consolidation to an abrupt halt.
Air traffic on downward slide: IATA
06/03/2008
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11:03:00 AM
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As global air traffic continues to slide, the International Air Transport Association can now confirm this as international load factors fall to 75.4%, dropping 76.9% from last year’s April figures.
Asian airlines expect turbulence in 2008
04/25/2008
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5:50:00 PM
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The Association of Asia Pacific Airlines (AAPA) members reported a “very successful 2007”, ensuring they are “well placed” to meet both the opportunities and challenges which lie ahead.
US airlines to lose more than $1b in 2008: media
04/04/2008
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11:07:00 PM
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Published: 03 Apr 2008:The US airline industry is being tipped to lose more than $1 billion this year due to high fuel prices and likely fare cuts as a result of slackening demand, but liquidity for major airlines was sufficient for now, according to a report.
US Airways posts Q4 loss but full year profit
01/30/2008
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9:35:00 AM
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Tuesday, 29 January 2008:US Airways reported on a mixed year, which saw Q4 recording a loss due to record high fuel prices, but a full year gain due to higher passenger numbers.
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