UAE airline sees jump in passenger numbers

September 21st, 2009 Airline trade group says August revenue fell in USWASHINGTON — A U.S. airline trade group said Monday that its members' passenger revenue fell 21 percent in August over year-earlier results as carriers dropped prices by double-digit percentages and passenger volume continued to fall.

September 17th, 2009 Airbus sees signs of recovery after rocky spellLONDON — Airbus' chief salesman John Leahy said Thursday he is optimistic that the airline industry is recovering — although he warned that financing conditions remain tight. "Recessions begin, they have a middle and an end.

September 9th, 2009 MEXICO CITY - Three unidentified attackers hijacked a passenger plane in Mexico Wednesday and threatened to detonate a bomb. The attackers - reportedly three men - demanded to talk with Mexican President Felipe Calderon, Mexican radio reported.

September 8th, 2009 Sector Snap: Airlines shrug off oil price jumpMINNEAPOLIS — Airline investors didn't seem to mind that oil prices jumped on Tuesday. Airline shares have often moved opposite of oil prices, since jet fuel is one of an airline's biggest expenses.

August 31st, 2009 Emirates sees return of New York A380 flightsNEW YORK — The top executive at Dubai-based Emirates airline said Monday that he expects that the carrier's Airbus 380 flights will return to New York in the first six months of 2010, because passenger demand should be recovering by then. The airline started New York service with the double-deck aircraft in April of last year, but pulled it two months later and replaced it with the smaller Boeing 777.

August 11th, 2009 Lufthansa's July passenger numbers up 12 pctFRANKFURT — Deutsche Lufthansa AG said Tuesday that its group passenger numbers increased by 12 percent on the year in July, helped by small increases in demand in Europe and Asia and the consolidation of British carrier BMI. Cologne-based Lufthansa said the group, which also includes Swiss International Airlines, transported 7.2 million passengers last month — up from 6.4 million a year earlier, a figure that was weighed down by strikes.

July 30th, 2009 Lufthansa 2Q net pft falls 88 pct to €40 millionFRANKFURT — Airline Deutsche Lufthansa AG said Thursday its second quarter profit fell 88 percent on a slump in sales — especially of lucrative first- and business-class seats — due to the global recession. The Cologne-based airline, Europe's largest by sales, earned €40 million ($56 million) in the April-June period compared with €337 million a year ago.

July 30th, 2009 Lufthansa 2Q net pft falls 88 pct to euro40 millionFRANKFURT — Airline Deutsche Lufthansa AG said Thursday its second quarter profit fell 88 percent on a slump in sales — especially of lucrative first- and business-class seats — due to the global recession. The Cologne-based airline, Europe's largest by sales, earned euro40 million ($56 million) in the April-June period compared with euro337 million a year ago.

July 22nd, 2009 NEW DELHI - Beleaguered national carrier Air India, struggling to stay afloat, announced special fares on select domestic routes Wedmnesdy to attract passengers during the lean monsoon season. The airline said in a statement that tickets under the special fares could be purchased up to three days before the travel and would be valid till Sep 20.

July 16th, 2009 New Lufthansa cost saving program sees job cutsFRANKFURT — Airline Deutsche Lufthansa AG expects to cut 400 administrative jobs at its passenger division and will reconsider its schedule of new aircraft deliveries in a bid save euro1 billion by 2011. In a letter sent to workers, Christoph Franz, the deputy chief executive, told employees that Lufthansa's losses had continued from the first quarter into the second quarter, and that the trend would continue into the second half of the year unless market conditions change.

July 3rd, 2009 Airline BA to cut capacity, delay new planesLONDON — British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers. The airline said it carried 2.93 million passengers in June, 5 percent fewer than in June 2008.

June 25th, 2009 Sector Snap: Airline shares gain againNEW YORK — Airlines shares climbed Thursday, as an industry group said airline passenger declines may be leveling off. The AMEX Airline Index rose 3.9 percent at midday, with all 13 component stocks on higher ground.

June 15th, 2009 PARIS - Boeing sees a recovery of the aviation market by middle of next year, chief executive Scott Carson predicted Monday at the Paris Air Show. But its not clear how steep the recovery will be, Carson warned at the world's largest aviation exhibition.

June 10th, 2009 Lufthansa May traffic falls 4.4 pct to 6 millionFRANKFURT — German airline Deutsche Lufthansa AG said Wednesday the company's group passenger levels in May fell 4.4 percent to 6 million people, as the global recession cut into demand. The Cologne-based company saw 6.3 million passengers in May 2008.

June 4th, 2009 Sector Snap: Airlines mostly lowerATLANTA — Shares of U.S. carriers were mostly lower Thursday afternoon, despite a jump in the broader stock market, as oil prices rose and more carriers reported a decline in May traffic.