Budget air carriers have been snatching up travelers and market share from troubled legacy carriers for the better part of two decades, and now they're whipping them on the Internet, too.

Airlines say it’s the right time to fly touting cheap fares and less crowding but special holiday fees could keep travelers grounded on Turkey Day and well into next year. The Air Transport Association an industry trade group released data Friday that showed that 3% fewer people took to the skies during the month of October despite ticket prices being down 12.5% year-over-year. This pushed passenger revenue down for the 12th straight month.The data which was based on a random sampling of the member airlines showed current prices to be on par to prices during the 1998 traveling season ...

We look at why this company is winning at a time when most travel-related companies are losing.

Flights across the U.S. are expected to see delays and cancellations Thursday due to a telecommunications glitch that is hindering the automated processes for scheduling commercial flight plans.

Airline stocks are mixed in early trading as the price for oil tops $80 a barrel, with most of the major carriers trading down.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Ridgewater Equity (RWE).