The Chilean volcano and rising fuel prices have hit Chilean carrier LAN Airlines' Q2 net profit, which was down 73.7 per cent on the year to US$15.9 million.
Tom Horton, the president of American Airlines, says the US carrier's new joint venture with International Airlines Group, owner of Britain's British Airways and Spain's Iberia, already is paying off.
While it waits for an okay to resume its Australian domestic services, Singapore-based Tiger Airways says it will increase its Asia fleet to 20 Airbus A320 aircraft by March 2012, six planes more than it had in March 2011.
Former Australian publisher/editor Patrick Cusick's 'State of the Planet', part of a global environmental publication stable, says that instead of bringing down emissions, the European Union's Emissions Trading Scheme (ETS) has been used by banks and hedge funds to make money.
Australia's Qantas, already in dispute with pilots, now faces more industrial trouble, with ground-handling staff voting for a protected action ballot because the airline's management have refused key claims in the latest negotiations over a workplace agreement.
A US freight shipping company has paid a fine of US$100,000 - instead of US$3.4 million - to settle government allegations that its employees paid kickbacks to a Defence contractor in exchange for lucrative contracts.
The Chilean volcano and rising fuel prices have hit Chilean carrier LAN Airlines' Q2 net profit, which was down 73.7 per cent on the year to US$15.9 million.
Tom Horton, the president of American Airlines, says the US carrier's new joint venture with International Airlines Group, owner of Britain's British Airways and Spain's Iberia, already is paying off.
While it waits for an okay to resume its Australian domestic services, Singapore-based Tiger Airways says it will increase its Asia fleet to 20 Airbus A320 aircraft by March 2012, six planes more than it had in March 2011.
Former Australian publisher/editor Patrick Cusick's 'State of the Planet', part of a global environmental publication stable, says that instead of bringing down emissions, the European Union's Emissions Trading Scheme (ETS) has been used by banks and hedge funds to make money.
Australia's Qantas, already in dispute with pilots, now faces more industrial trouble, with ground-handling staff voting for a protected action ballot because the airline's management have refused key claims in the latest negotiations over a workplace agreement.
A US freight shipping company has paid a fine of US$100,000 - instead of US$3.4 million - to settle government allegations that its employees paid kickbacks to a Defence contractor in exchange for lucrative contracts.