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Just over a year after the ash cloud from the Eyjafjallajokull volcano caused an expensive and chaotic shutdown of air travel across much of Europe, an different volcano in Iceland, Grimsvoetn, is erupting.

As each day passes, the financial plight of the airline industry gets worse. Falling passenger traffic due to the recession, and moderately high fuel prices due to $70 per barrel oil, are squeezing margins into the red at debt-laden carriers. Japan Airlines said, on September 15th, that it would...

Long before the rest of economy went to pot, the airline industry was awash in an ocean of red ink. Some things never change. Republic Airways Holdings (RJET) yesterday offered to buy bankrupt Frontier Airlines (FRNTQ) for $108.8 million. Indianapolis-based Republic will still need to get court...

The fatal crash Thursday of a Continental Airlines (CAL) flight in Buffalo ended one of the more remarkable streaks in the history of modern aviation. According to Bloomberg News, the accident "ended a stretch of more than two years without a fatality aboard a U.S. airline flight, the first such...