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/ 22 May 2008

Airline shares hit as soaring fuel bills dent profits

The world’s top airlines warned on Thursday that soaring fuel prices were hitting profits, prompting some to increase fares, and global leader American Airlines announced thousands of job cuts to counter higher costs. Airline stocks fell sharply in Asia and Europe after stock in American’s parent AMR shed a quarter of their value as investors fretted over the cost of jet fuel.

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/ 12 October 2007

Airline ticket’s number is up

Airline passengers will from next year be able to check-in using cellphone technology, a media report said on Friday. The International Air Transport Association said on Thursday that paper tickets, which use magnetic-strip technology instead of barcodes, would no longer be accepted from June.