JetBlue reported that operating revenues for the third quarter totaled $902 million, representing growth of 17.9 percent over operating revenues of $765 million in the third quarter of 2007, but high fuel prices continued to present a challenge and the airline reported a net loss for the quarter of $4 million.

Starwood Hotels & Resorts Worldwide, Inc. reported third quarter 2008 financial results. Excluding special items, income from continuing operations was $129 million for the third quarter of 2008 compared to $143 million in 2007. Net income was $113 million and EPS was $0.62 in the third quarter of 2008, compared to $129 million and EPS of $0.61 in the third quarter of 2007.

US Airways Group, Inc. reported a net loss for its third quarter of $242 million or $2.35 per share which excluded special charges that totaled $623 million. Special charges in the third quarter 2008 included $488 million of unrealized losses resulting from mark-to-market adjustments on fuel hedging instruments.

The rest of 2008 and the coming year 2009 will have industry stakeholders anticipate a tumultuous period in the history of vacation ownership and the entire hospitality industry.

The European Union and 13 Caribbean countries signed a trade deal on Wednesday aimed at guaranteeing the region privileged access to Europe’s markets, the European Commission said.

American Airlines has announced that it has entered a new purchase agreement with Boeing and intends to acquire 42 B787-9 aircraft, scheduled for delivery beginning in 2012 and ending in 2018, with the right to purchase up to 58 additional 787s.