The FINANCIAL -- The Latvian airline airBaltic has acquired full ownership of a cargo business at Riga International Airport, Latvia, and will operate it under a new BalticCargo brand.

The FINANCIAL -- Two new Lufthansa applications for mobile devices like iPhone offer Lufthansa customers more options on the move to access Lufthansa services or to communicate with other Miles & More members.

The FINANCIAL -- Southwest Airlines Co. (NYSE: LUV) announced on March 5 that the Company flew 5.0 billion revenue passenger miles (RPMs) in February 2010, a 2.3 percent decrease from the 5.1 billion RPMs flown in February 2009.

The FINANCIAL -- Continental Airlines (NYSE: CAL) was rated the most admired U.S. airline on FORTUNE magazine's annual airline-industry list of World's Most Admired Companies.

The FINANCIAL -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), on March 5 announced plans to add Huntsville/Decatur, Ala., to its growing route map on May 27, 2010.