Iberia reported that traffic for January grew by 1.0% and capacity increased by 1.4%, leading to a load factor of 77.3%, similar to January 2006 (77.6%).

Ryanair announced its 26th European and fifth Spanish base in Reus Barcelona. From October, Ryanair will invest $140 million in 2 new aircraft and 12 routes that will deliver 1,000 jobs and over 1million passengers p.a. for Tarragona.

Forward Air Corporation reported results for the fourth quarter and fiscal year ended December 31, 2007. Operating revenue for the quarter increased 22.8% to a record $114.5 million from $93.2 million for the same quarter in 2006. Income from operations was $20.0 million, compared with $18.9 million in the prior-year quarter, an increase of 5.9%.

SkyWest reported a 3.4% increase in traffic for January, while capacity increased 5.1% compared to the same period last year. Load factor was down 1.2 percentage points to 71.0% compared to 72.2% for the same period last year.