Air France-KLM sent a further shiver through the airline sector today when it slashed full-year profit forecasts due to overcapacity on its US routes.

SHARES in Ryanair fell the most in four years in Dublin trading yesterday after Citigroup cut the airline’s profit and share-price estimates, citing oil prices and the pound’s drop against the euro.

BRITISH Airways is sounding positive, of late, with regard to future performance, saying that the fallout from the security scares at Heathrow and other British airports back in August hasn't hampered overall business too much.

RYANAIR rival EasyJet made after-tax losses of €63.3 million in the last six months as Europe’s biggest low-cost airline struggled to match its Irish counterpart in the earnings stakes.