As easyJet announced increased profit guidance for the full year, its shares soared to a four-year high last week. (7/10/2006)

Outgoing US Transportation Secretary Norman Mineta said the US government must push forward with its proposal to allow increased involvement in US airlines by foreign investors even though Congress has shown little appetite for change.Giving his farewell address to the US Chamber of Commerce in Washington last week, Mineta said foreign investment in US transportation infrastructure, including airports and airlines, will be critical to the future health of the aviation industry and the overall US economy.

Qantas, under pressure as rising fuel prices cloud its profit outlook, could be forced to massively write down the value of its 213 aircraft, according to Macquarie Equities.

BAE Systems said yesterday it is ordering an independent audit of Airbus, a move that likely will delay EADS' planned buyout of BAE's 20% stake in the aircraft manufacturer.The latest blow to EADS, which owns 80% of Airbus, comes as the company is attempting to regain its footing following a tumultuous three weeks that saw A380 deliveries delayed for a second time (ATWOnline, June 14), its stock plunge 26% in one day of trading (ATWOnline, June 19) and the resignations of Co-CEO Noel Forgeard and Airbus CEO Gustav Humbert (ATWOnline, July 3).

LUSAKA, July 6 (Xinhua) -- Zambia has called for review of the air service agreement between Zambia and China signed in 1991 in Beijing to benefit the two sides, The Post newspaper reported Thursday.

New airline, Oasis Hong Kong Airlines, is set to transform the long-haul travel industry by mixing low-fares with personalised options and high-quality service.

AIR passengers will be charged up to $100 extra for a return ticket within Europe to pay for the environmental impact of their journeys, under plans approved by the European parliament.

Industry leaders renew long term partnership to deliver core solutions to the travel community

Virgin Atlantic has launched its own credit card with partners American Express and MBNA Europe Bank. (7/4/2006)

SEATTLE, July 03, 2006 -- Boeing [NYSE: BA] has logged 10 more orders for its popular Next-Generation 737-800 from Ryanair, Europe's largest and most profitable low-cost carrier.