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IATA issues new financial forecast for airline industry

SINGAPORE - The International Air Transport Association (IATA) announced an upgrading of its industry profit expectations to $6.9 billion (up from $4.0 billion projected in June).

Fraport traffic figures show strike affected passenger figures and aircraft movements

Frankfurt Airport (FRA) served 5,067,108 passengers in July 2008, down 2.4 percent compared to the strong July in 2007.

Continental Airlines announces second quarter loss

HOUSTON, Texas - Continental Airlines today reported a second quarter 2008 net loss of $3 million ($0.03 diluted loss per share).