American Airlines is cutting five American and 37 American Eagle flights from LaGuardia airport starting in September, as part of the airline's attempt to control costs in the wake of rising fuel prices. American will also be cutting dozens of American and American Eagle flights at its hubs in Chicago and Dallas-Fort Worth. Among the cutbacks is the termination of American Eagle operations in Albany, prompting Governor David Paterson to ask the airline to "take into account more than profit when they evaluate routes. For many, these airlines are a critical lifeline to family and business obligations." more ›

More troubles from the airline sector: United Airlines and Continental Airlines announced measures to cut costs through decreasing its workforces and total number of flights. This comes as other carriers have announced higher fares, less flights, and additional charges. more ›

With oil prices rising higher and higher (they rose above $135/barrel yesterday), American Airlines says, starting June 15, it will charge passengers $15 for the first checked bag. A few months ago, American and other airlines followed United in charging $25 for a second checked bag and since these fees are one-way only, if you're bringing two checked bags, that's another $80 you'll have to add to your airline ticket. more ›