On the Cover

24     Risky Business
Despite the risks, fuel hedging continues at several airlines. But some carriers are exploring fuel savings via alternative methods.
By Robert Moorman

Features

30    Annual ATW/Arthur D. Little World Airport Report
Airports enjoy another boom year, but relationship with airlines needs to change.
By Anne Paylor

61       Big Brown’s Big Deal
UPS seeks to reshape the global express cargo landscape by acquiring rival TNT.
By Aaron Karp

67     Getting to Know You
The IT future lies in a more professional approach; kiosks become outmoded.
By Victoria Moores

71     Global Efficiency Quest
High fuel prices add pressure to implement more efficient air traffic management tools.
By Karen Walker

75    Interview: Deborah Ale Flint, Director of Aviation, Port of Oakland
By Aaron Karp

5     Publisher’s Page
       -30-
       By William A. Freeman, III

7     Editorial
       The Unbundling Dichotomy
       By Karen Walker

NewsBriefs
      11   American, pilots continue to battle in bankruptcy court
      12  United unveils 787 business class seats
      14  Southwest’s second-quarter net profit rises 42%
      15  JAL doubles fiscal first-quarter net income
      16   IAG says Iberia restructuring is necessary
      17  Russia considers anti-EU ETS legislation
      18  Air Canada believes labor peace has been achieved

 20   Analysis
       Fee Fight   

       Spanish airport charges hike unites airlines in protest.
       By Victoria Moores

21   on our website

77   Trends

84   Customer Services

84   Advertisers’ Index & Websites