Alaska Air reported a wider fourth-quarter loss before special items, citing sharply higher fuel costs and the inability of fares to keep pace with rising costs.

El Salvador’s TACA airline said on Wednesday it will pay about $1 billion for 12 A320 and three A319 planes it has ordered from European manufacturer Airbus.

El Salvador’s TACA airline said on Wednesday it will pay about $1 billion for 12 A320 and three A319 planes it has ordered from European manufacturer Airbus.

Deutsche Lufthansa AG and JetBlue Airways Corporation completed their stock purchase agreement transaction in which Lufthansa now holds a 19 percent stake in JetBlue. With the conclusion of the financial transaction, Lufthansa and JetBlue will begin exploring innovative commercial arrangements designed to benefit both airlines and their customers.

Deutsche Lufthansa AG and JetBlue Airways Corporation completed their stock purchase agreement transaction in which Lufthansa now holds a 19 percent stake in JetBlue. With the conclusion of the financial transaction, Lufthansa and JetBlue will begin exploring innovative commercial arrangements designed to benefit both airlines and their customers.

British Airways has announced plans to significantly increase services to South America with a daily direct flight to Buenos Aires and starting next winter nonstop flights to Rio de Janeiro.