Brazil’s Gol Linhas Aéreas is preparing to enter the long-haul market with new flights connecting Rio de Janeiro to New York, Paris, and Lisbon.

The global airline industry is facing renewed financial pressure after oil prices surged above $100 per barrel, sending shockwaves through aviation markets and raising concerns about rising airfare prices.

The financial cost of the Middle East conflict hit home for global travelers today as jet fuel prices surged to a staggering $4.12 per gallon, a peak not seen in nearly four years.

In a move to eliminate the "anxiety of the unknown" for beach-bound travelers, JetBlue Vacations and WeatherPromise have officially launched the industry’s first "Great Weather Guarantee."

As the "missile barrage" continues to destabilize the region, Emirates and Etihad Airways have officially ruled out the resumption of scheduled commercial services until at least Thursday, March 5.

The global aviation landscape was thrown into a state of "unprecedented paralysis" today following the launch of U.S. combat operations in Iran.