AirAsia, the region's biggest budget carrier, is making a risky bet. As soaring fuel prices have forced other airlines to cut back, shed jobs and ground planes, AirAsia is doing the opposite: increasing flights, adding routes and boosting capital investment....

Own oil stocks lately? Not good. Own airlines? Good. The misfortune of the one has been a blessing for the other. Since oil prices peaked on July 3 and started to head down, airline stocks have taken off, lifted by the promise of lower fuel prices. Of the 21 publicly traded airlines, shares of al...

Reuters - Alitalia's (AZPIa.MI) adviser will soon present its rescue plan for the airline to British Airways , considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.

As the National Transportation Safety Board continues its investigation into two airplane crashes within six days, a preliminary report released today says a loss of engine power may have contributed ...

Continental Airlines Inc. said Friday it is charging some coach customers $15 for a first checked bag, matching a similar fee imposed by most other major U.S. carriers. A company spokeswoman said the fee will help offset high fuel costs, which have caused...