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US carriers might be forced to cut seat capacity by 5%

Delta Air Lines Inc., American Airlines and other U.S. carriers may need to trim as much as 5 percent more seating capacity after the summer travel season to increase fares.

Air France to lose EU200 Million after travel slump

Air France-KLM Group, Europe’s biggest airline, said it will report a loss for the year ending March 31 and is unlikely to post a profit in the following 12 months as the recession crimps demand for