According to figures released recently, the cruise line industry in North America is providing a major boost to the US economy and particularly to airlines that fly passengers to their cruise departure points.
Although the cruise industry globally continues to see growth, the airlines that depend on a buoyant cruise holiday market carefully watches for geographical [...]

British Airways has announced that it will do away with all free meals on its short-haul services – with the exception of breakfast – in a cost-cutting move aimed at saving the financially-strapped carrier as much as £22 million annually.
From 10:00am, passengers on flights of less than two hours’ duration will find only a beverage [...]

Budget carrier Ryanair has said that its full-year profits are likely to be negatively affected by the aggressive cuts in ticket prices it has been forced to implement to attract customers in the recession.
The airline’s boss, Michael O’Leary, has indicated that profits for the year are anticipated to be at the lower end of the [...]

No-frills carrier Ryanair announced on Tuesday that it would be slashing flights from its winter schedule from its main UK base, Stansted airport, blaming rising airport charges, the British government’s “insane” aviation taxes and a significant decline in UK tourism.
At the present time, the Dublin-based airline operates 40 planes from Stansted, but has said that [...]

On Tuesday, Continental Airlines reported increased losses for the second-quarter on charges and the continuing decline in business travel, and said that it would be cutting 1,700 jobs as part of its ongoing efforts to reduce costs.
The job reductions represent approximately 4.2 percent of the airline’s total workforce, and will include clerical and management positions [...]

In comments made earlier this week, the chairman of British Airways issued a warning that first- and business-class air travel may never fully recover – even when the economy does.
Martin Broughton said that the airline industry was experiencing the worst crisis in its history and that a “permanent structural change” involving premium-class travel will pose [...]

www.britishairways.com
Pilots at British Airways voted overwhelmingly to accept a pay cut of 2.6 per cent as part of an overall package aimed at reducing the carrier’s operating costs by £26 million.
The British Airline Pilots Association (BALPA) announced that its members voted in favour of the cut in wages and a reduction of up to 20 [...]

www.britishairways.com
Over 2,000 BA employees, including cabin crew members, sent the carrier a “strong message” that they would not tolerate the company’s “assault” on their pay or working terms and conditions.
In a meeting held near Heathrow Airport, the workers indicated that they were concerned they would lose their jobs if they resisted the planned cuts by [...]