A 45 percent increase in aircraft fuel costs helped push AMR Corp., the parent of American Airlines, to a $328 million loss in the first quarter of 2008. American’s fuel bill was $2.05 billion in the quarter, compared with $1.41 billion a year earlier.

Marriott International, Inc. reported diluted earnings per share (EPS) from continuing operations of $0.33 in the first quarter of 2008, down 18 percent from the first quarter of 2007. The company’s EPS guidance for the 2008 first quarter, disclosed on Feb.14, 2008, totaled $0.32 to $0.36.

NCL Corp. is negotiating to sell three of its older ships, according to reports by two European cruise publications. Seatrade Insider, an online newsletter, and Lloyd’s List in the U.K. said that the Norwegian Majesty, Norwegian Dream and Pride of Aloha are in play.

Southwest Airlines said its first quarter earnings were lower as it struggled with the effects of a weak economy and record fuel costs. Quarterly net profit for Southwest was $34 million, or 5 cents per share, down from $93 million, or 12 cents per share, in the same period last year.

The Thomas Cook Group Board is confident that the business will meet its expectations for the current financial year as the Group enters its close period, the tour operator announced during its Annual General Meeting last week.

Thomas Cook, one of the world’s largest travel companies, has bought luxury holiday firm Elegant Resorts for an undisclosed sum. Chester-based travel company Elegant Resorts offers tailor-made trips to the Caribbean and African safaris.