Texas airports prepare to cut services as fuel prices rise

FORT WORTH — From his office overlooking the runways of one of the nation's busiest airports, Dallas-Fort Worth International Airport Chief Executive Jeffrey Fegan sees the slowdown coming this fall

Airline firms prune weekly flights by 20%

New Delhi - Domestic airlines scrapped more than 2,000 weekly flights in July, nearly one-fifth the number they operate, stepping up efforts to rein in losses stemming from record-high jet fuel prices

Japanese airlines to cut flights as costs soar

TOKYO - All Nippon Airways, Japan's second largest carrier, said Wednesday it was scrapping routes and flights due to high fuel costs, as bigger rival Japan Airlines also considers further downsizing.

Hungarian airline to cut staff by 20 pct

BUDAPEST - Hungarian air carrier Malev will lay off 400 workers, one-fifth of its total staff, to reduce costs, it said in a statement on Monday.

Airline loses $567M in 2nd quarter, will continue cutting seats

Tempe-based US Airways took in more revenue during the quarter that ended June 30 than in the same quarter a year ago, but the company lost a whopping $567 million because of soaring jet fuel costs.

Midwest Air to cut flight service to 11 U.S. cities

Midwest Air Group Inc. will cut daily flights to 11 U.S. cities including San Diego, Baltimore, St.

Taiwanese airline to cut flights as fuel prices soar

TAIPEI (AFP) — Leading Taiwanese airline EVA Airways said Monday it would cut international flights by up to 10 percent due to the pressure of soaring fuel costs.

Comair latest airline to hand employees walking papers

Another day, another airline announcing layoffs.

Northwest Airlines cutting 2,500 frontline and management jobs

MINNEAPOLIS - Northwest Airlines Corp.

AirTran slashing jobs, capacity

AirTran will shed 480 pilots and flight attendants in September, reducing the carrier's total in-flight workforce by 14 percent.

American Airlines cuts could further affect the Caribbean

DALLAS – American Airlines’ decision to cut another eight per cent of its workforce could further affect the Caribbean, airline and tourism industry officials said.

Alitalia faces 5,000 to 6,000 job cuts in relaunch plan

MILAN - The plan to relaunch Alitalia SpA being prepared by Intesa Sanpaolo SpA includes 5,000 to 6,000 job cuts and new capital of 700 million to 800 million euros, Corriere della Sera newspaper repo

American Airlines and American Eagle announce additional details of fourth quarter capacity cuts

American Airlines and its regional affiliate, American Eagle, today announced additional details of their capacity reductions for the fourth quarter of 2008.

United to cut 950 pilots as airline grounds jets

CHICAGO ― United Airlines is eliminating nearly 1,000 pilots as part of its overall cutback strategy that includes grounding several gas-guzzling jets.

Airlines to cut supply of seats to force fare prices up

Faced with a looming financial disaster, the U.S. airline industry is boning up on an Economics 101 principle for its salvation: supply and demand.

Airline bosses call for strict capacity discipline

Chief executives at the IATA AGM said they are cutting back networks and parking aircraft

Aggressive measures for US Airways

US Airways will join the parade of fuel-frantic airlines as early as today and announce new passenger fees, flight cuts, potential layoffs and other cost-cutting moves.

Airline moves threatening tourism

Queensland's tourism industry is bracing itself for more bad news after Virgin Blue's chief hinted that flights may be cut and a new luggage tax implemented.

Virgin Blue chief executive Brett Godfrey hinted on the Nine Network yesterday that the airline would be looking at capacity cuts to destinations such as the Gold Coast.

United Airlines to shutter low-fare airline, cut jobs

DETROIT - United Airlines said Wednesday that it would discontinue its low-fare airline, called Ted, retire aircraft and cut as many as 1,100 additional jobs in an effort to lessen the impact of high jet fuel prices.

The announcement had been expected for several weeks, ever since the airline surprised Wall Street with a $537 million ... read more

Fuel hike prompts Australian airline job cuts

Australia's biggest airline, Qantas, is cutting jobs and reducing services in response to spiralling fuel costs.

Qantas says its fuel bill will jump by more than two-billion dollars next financial year.