AMR reported a first-quarter net loss of $375 million, of $1.35 per share, blaming an economic downturn unseen in decades that put a damper on passenger demand and revenue. The results include the impact of a $13 million charge, or $0.05 per share, to reflect the net present value of future lease payments related to A300 aircraft retirements during the quarter.

Orbitz Worldwide eliminated air booking fees at Orbitz.com and CheapTickets.com for reservations made through May 31.

Starwood Hotels & Resorts Worldwide this week launched the largest, most aggressive sales blitz in the company’s history.

OpenSkies, which operates nonstop flights between New York (Kennedy and Newark) and Paris (Orly), and between New York (Kennedy) and Amsterdam (Schiphol), has completed its merger with L’Avion, the first all business-class French airline.

Responding to rumors and reports that the planned layoffs at Winair and the closure of three of its routes is a sign of the end for the company, Managing Director of Winair, Edwin Hodge, said the company planned layoffs and restructuring as well as renegotiated terms and conditions with suppliers to reduce overall cost thus keeping the company viable.

VisitBritain is starting the European phase of its “Britain for Less” campaign, as part of its £6.5m global push to market the UK as an affordable destination. The strap line “See More for Less”, will run across 18 European countries and take in a number of online and offline elements.