The International Air Transport Association (IATA) announced a revised industry financial forecast that would see the global airline industry post losses of $5.2 billion in 2008 based on an average crude oil price of $113 per barrel ($140 for jet fuel).

Lufthansa is adding a three-cabin Airbus A340-300 service from Miami to Düsseldorf beginning on October 26.

British Airways has launched a sale fare to London including a free London Pass. Roundtrip airfares begin at $482 between New York (JFK or Newark) and London.

Aero Republica, subsidiary of Copa Holdings, S.A., today announced the delivery of its 8th EMBRAER-190 Aircraft directly from the manufacturer. The airline currently operates a fleet of 13 aircraft, consisting of five MD-80 aircraft and eight EMBRAER-190 aircraft.

Delta Air Lines will offer two new direct flights between the United States and Brazil, offering convenient access for customers traveling to the Amazon region and to two of the most popular beach destinations in the Brazilian Northeast.

TAM announced an international market growth plan that surpasses estimates reported to the market at the end of 2007. In South America, in addition to the direct flight between Brasilia and Buenos Aires already in operation, TAM will initiate a flight between Sao Paulo and Lima (Peru) before the end of the year.