Company: British Airways plc

Hungary's national carrier Malev ceased operations and grounded all its flights Friday in response to an "unsustainable" financial situation.

Ryanair raised its profit forecast on Monday, saying higher ticket prices were more than making up for expensive fuel and reduced capacity, underlining the resilience of its low-cost sector as legacy carriers struggle.

In international travel circles, select lounges rank among the most unique and luxurious. So save those travel miles and click ahead to see which airline lounges offer special perks—including one lounge that’s (egads!) open to the public and affordable.