A report recently done for the British Chambers of Commerce (BCC) has concluded that the UK’s Air Passenger Duty or APD, which Antigua & Barbuda’s government sternly opposes, is bad for the UK economy. The aviation tax is said to be severely harming the economy.

JetBlue Airways and Jet Airways, India’s premier international airline, have announced the launch of a new interline agreement that will offer customers new travel options from JetBlue destinations in the U.S. to Brussels, Belgium, and then onward to India.

LAN and TAM have started the technical and preliminary processes for their integration into LATAM Airlines Group (LATAM). With the advisory of international consultants, such processes aim at preparing both companies for the merger, becoming the leading airline in the region.

JetBlue Airways Corporation reported net income for the third quarter was $35 million, or $0.11 per diluted share. Excluding a one-time item, JetBlue reported net income of $38 million, or $0.12 per diluted share, compared to JetBlue's third quarter 2010 net income of $59 million, or $0.18 per diluted share.

Royal Caribbean Cruises Ltd. (RCCL) reported net income of $399 million, or $1.82 per share, versus $350.2 million, or $1.61 per share, in 2010. Results include a $0.08 per share mark-to-market revaluation loss on the company's WTI fuel option portfolio. Absent the revaluation charge, third quarter earnings per share totaled $1.90.

Norwegian (NAS) reported third quarter 2011 operating results of 1 BNOK. This is the company's best ever quarterly results. The company’s overall cost is significantly reduced by 10 percent. Brand new aircraft have saved the company as much as 47 MNOK in fuel costs compared to the same quarter previous year.