Singapore  - Low-cost carrier Tiger Airways reported on Thursday an annual net profit of 37.8 million Singapore dollars (27 million US dollars) despite soaring fuel costs.

Stockholm  - The SAS Group, operator of the joint carrier Scandinavian Airlines, flew more passengers in July than in the corresponding period in 2007, the group said Thursday.

Singapore - Thai Airways has edged out Singapore Airlines (SIA) as the top choice for business travellers in the Asia-Pacific region, a study said on Thursday.

Singapore  - Singapore Airlines marked its 1,000th flight of the world's largest passenger jet since the carrier became the first to operate the Airbus A380 in October, the airline said Tuesday.

Flight 322 departed Monday from Singapore's Changi Airport for London's Heathrow Airport.

The superjumbo has clocked 8,500 flying hours and carried 400,000 customers for Singapore Airlines, the company said in a statement.

The air line industry is facing new challenges. The global price of crude oil is increasing while number of passengers is decreasing. It is adversely affecting the growth of global aviation sector.

The International Air Transport Association (IATA) said that the aviation industry has suffered a loss of about of $6.1 billion in current fiscal as compared to loss of $5.6 billion in last year. The international aviation body released the traffic data for June. It observed that the growth rate is decreased by 0.8 percent compared to June 2007.

Berlin  - German airline Lufthansa faced further industrial action in the weeks ahead as flights slowly returned to normal Monday after a five-day strike by ground and cabin staff.

The airline, Germany's largest and Europe's second-largest, said around 130 flights would not take-off Monday, 100 of them on domestic routes, as a result of the knock-on effects from last week's strike.

"We aim to return to normal services as soon as possible," a spokeswoman said, adding, however, that this could take two weeks.