Travelers to the  Olympic Games this August in China better book airline tickets soon, but a dramatic buildup of Western hotels—many still just coming on-line —should make finding a room less of a challenge.

Low-cost carrier Ryanair is likely to benefit in the event of a major slowdown hitting Europe, according to the airline’s chief executive Michael O’Leary.

The chief executive officer of Delta Air Lines said Friday that his airline's pending merger with Northwest Airlines is on track and should be in force by next year.

British Airways raised hopes it can manage a turbulent year ahead by paying its first dividend since 2001 and lifting profits 45 percent as it said fuel costs are set to rise 1 billion pounds ($2 billion).

European shares rose on Friday, fed by a rally in energy stocks as crude oil prices hit fresh highs, although banks fell and U.S. consumer sentiment data knocked the market back from session peaks.

United Airlines and Continental Airlines are talking about forming an alliance to gain some benefits of working together without going through a merger, which Continental rejected last month, a person close to the talks said. 

Oil prices have soared nearly 10 percent in the past four sessions alone, and CNBC asked the experts for insights and answers.

Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Wednesday.

U.S. gasoline is no longer the leading fundamental driving oil markets, according to a report penned by Arjun Murti of Goldman Sachs Tuesday. Murti who famously predicted the dawn of the “super spike” back in March 2005, says this dramatic shift could have meaningful implications for the energy markets.

European planemaker Airbus has warned customers they may face more delays on delivery of the world's largest passenger plane, the A380, which is already two years behind schedule.

Shares of Dow component Boeing and the parent of its European rival Airbus slipped in European trading Monday after weekend reports that both companies were facing more delays for much anticipated aircraft.

Beijing airport’s new Terminal 3 — twice the size of the Pentagon — is the largest building in the world.

Britain's leading shares ended flat on Thursday as British Airways soared on consolidation hopes, while Smith & Nephew weighed after an internal probe into its sales practices.

Korean Air, South Korea's top airline, announced a swing to a larger-than-expected quarterly net loss on Wednesday, pressured by higher fuel costs and a softer won currency.

Qantas Airways, Australia's biggest airline, said on Monday it was confident of meeting its 2007/08 target of at least 40 percent profit growth despite a surge in jet fuel prices.