Airlines set traffic record in 2007 From BusinessWeek The low-cost carrier, which is facing a $10.2 million civil penalty from the Federal Aviation Administration for continuing to fly nearly 50 planes that hadn't been inspected for cracks in their fuselages, carried more than 101.9 million passengers in 2007, compared with American Airlines' 98.2 million. Delta Air Lines Inc. carried the third most passengers among U.S. airlines last year with more than 72.9 million international and domestic travelers, followed by UAL Corp.'s United Airlines...

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Vienna shares close lower, led by Austrian Airlines; OMV supports ... From Forbes Industrials moved lower on profit-taking: engineering group Andritz retreated 2.06 pct to 33.70 eur, roadbuilder Strabag closed down 1.96 pct at 40.00 eur, and holding group A-TEC Industries fell 1.14 pct to 75.88 eur. Heavyweights Telekom Austria and voestalpine edged lower, closing down 0.74 pct at 14.69 eur and 2.03 pct at 42.50 eur respectively. Zumtobel last dealt down 3.17 pct at 15.59 eur, in reaction to a target price reduction to 29 eur from 36 eur announced by analysts at UniCredit...

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Austrian Airlines board approves Al Jabar stake From Toronto Star Austrian Airlines Group, owner of the country's largest carrier, said its supervisory board approved selling a 20 per cent stake to Saudi investor Mohamed bin Issa al-Jaber and offering him a board seat. Al Jaber owns JJW Hotels Resorts, a London-based company with lodgings across Europe and the Middle East, including the Grand Hotel and Ring luxury hotels in Vienna.

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Singapore Airlines to operate two new flights from New Delhi From Hindustan Times As part of its aggressive expansion plan in India, Singapore Airlines (SIA) has decided to operate two new flights from New Delhi March 30 onwards, the airline said on Thursday. SIA plans to start two daily flights from Bangalore, which currently operates 10 flights per week. It also wants to fly three flights daily from Mumbai from where the airline operates 14 flights per week.

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Airlines fight back against BAA From TTG live Airlines are preparing to take legal action against huge rises in airport landing charges as the trade demands assurances that none of the money will help pay off BAA's debts. BAA, whose owner Ferrovial incurred debts of £10 billion when it bought the airport operator, will be allowed to increase Heathrow's landing charges by 86% over five years and Gatwick's by 49%. Despite years of criticism of delays at Heathrow and Gatwick, the CAA gave permission for the increases, which it says...

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