BA warns of end to cheap air travel

BA warns of end to cheap air travel as profits plunge 88 per cent - The Independent British Airways yesterday called time on the era of cheaper fares as it warned the airline industry was in more difficulty than at any other time in its history. Unveiling an 88 per cent drop in the airline's first-quarter profits, the British Source: www.independent.co.uk American Airlines to eliminate 900 flight attendant jobs - Chicago Tribune American Airlines said Wednesday that it could eliminate as many as 900 flight attendant jobs as it reduces flights to cope with record fuel costs. The Ft. Worth-based airline expects to reduce jobs for pilots and jet airlines mechanics, too, but it hasn't Source: www.chicagotribune.com