Industry - Airline latest news

'Second-best' Farnborough brings Airbus $40 billion-plus in business British Airways searching for energy alternatives Q400 freighter conversion program launched Additional stories Farnborough News from July 14, July 15, July 16, July 17.

Continental Airlines escaped the second quarter in far better financial shape than rivals american airlines and Delta Air Lines, reporting a $3 million net loss that compared to a $228 million profit in the year-ago period.

One day after announcing a service cut at Dublin, Ryanair yesterday unveiled a series of winter schedule reductions and temporary base closures that it used as a platform to attack airport monopolies and increasing charges.

Heavy noncash impairment charges and record fuel prices sent american airlines parent AMR Corp. plunging to a $1.45 billion second-quarter net loss, reversed from a $317 million profit in the year-ago quarter.

Such is the state of the US airline industry that Delta Air Lines CEO Richard Anderson found a silver lining to the $1.04 billion second-quarter loss announced yesterday, which represented a reversal from the $164 million earned in the year-ago quarter.

Expansion and fuel costs weighed heavy on Norwegian's bottom line in the second quarter as the LCC reported a NOK62.2 million ($12.3 million) loss that represented a reversal from a NOK44.7 million profit in the year-ago period.