August 04, 2004

With air-traffic growth surpassing expectations, the airline industry this year could break even, or possibly turn a profit, said the International Air Transport Association. According to the organization, international passenger traffic during the first six months of 2004 increased more than 20 percent over 2003. Despite their optimism, officials warned that the high price of jet fuel could threaten industry profitability.

Song, Delta Air Lines' low-fare carrier, yesterday announced plans for the airline's first international route. Starting Dec. 1, Song will offer daily nonstop flights from New York City's John F. Kennedy International Airport to Nassau, the Bahamas. One-way fares will begin at $139.