Aviation Sector

European airlines feeling the pinch, passenger figures show

Brussels  - More and more European flights are departing with empty seats as the continent's major airlines continue to feel the pinch of the economic slowdown, the credit crunch and rising fuel pr

Ryanair reports 2008 profit rise despite high fuel costs

London  - Budget airline Ryanair Tuesday reported annual pre- tax profits of 419 million pounds (820 million dollars) but warned that ticket prices would have to rise to meet soaring fuel costs and

British luxury airline suspends operations

London - British business class airline Silverjet said Friday it was suspending operations with immediate effect due to a cash crisis.

Former EADS co-chief placed under investigation for insider trading

Former EADS co-chief placed under investigation for insider trading

Planemakers see stronger demand coming for cargo planes

Berlin  - Aircraft manufacturers at the Berlin Air Show forecast at a conference Wednesday rising demand over the next 20 years for cargo planes as world trade continues to grow.

Fuel surcharges to soar on almost all flights out of Hong Kong

Fuel surcharges to soar on almost all flights out of Hong Kong

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