Brazilian airline GOL reported its second straight quarterly loss on Wednesday as problems with its Varig unit and high fuel prices offset growing passenger traffic.
Boeing booked only 57 commercial plane orders in April, its lowest monthly total since October last year, and still lags rival Airbus in the race for sales this year.
Expedia, Inc. reported its first quarter profit was up 25 percent over the first quarter of 2007 because of increased revenue. Its gross bookings increased 20 percent for the first quarter of 2008 compared with the first quarter of 2007.
Oil prices well above $100 a barrel will drive most of Europe’s low-cost airlines out of business, the head of easyJet’s French subsidiary said on Wednesday.
Oil prices well above $100 a barrel will drive most of Europe’s low-cost airlines out of business, the head of easyJet’s French subsidiary said on Wednesday.
In first-quarter 2008, American Express reported that revenue from travel commissions and fees totaled $494 million, a 13 percent increase from the same period a year ago.