Indonesian officials reportedly told local television that debris spotted in the Java Sea belonged to AirAsia Flight QZ8501.
Smoke is seen coming from an island as the search for AirAsia flight 8501 enters a third day.
Despite two disasters this year that slammed Malaysia Airlines shares, they rebounded. Could AirAsia shares do likewise?
With the case of Flight 8501, low-cost Asian carriers' safety standards are being scrutinized more now.
In an age when cell phones can be located in an instant, how does a modern commercial jet plane simply vanish?
Indonesia has sent a ship to test an oil patch found in the reported location of the downed AirAsia plane to see if it is aircraft fuel.
An article in AirAsia's in-flight magazine has come under renewed scrutiny as authorities still search for any sign of missing flight QZ8501.
Allianz is believed to be also facing insurance liabilities of nearly $200 million for the loss of Malaysia Airlines Flights MH370 and MH17.
In recent weeks, the region has witnessed severe thunderstorms and dense cumulonimbus clouds rising to a height of nearly 45,000 feet.
A family of five canceled its vacation to Singapore because a grandfather was ill. A British man and his daughter weren't so lucky.