The Phantom Affair is the second story arc of the X-wing Rogue Squadron comic series, but it was the first to be collected in TPB form. Its predecessor was deemed by the publishers to be not so good, and so this comic is sometimes seen as the real beginning of the series. And what an excellent introduction, an excellent comic, it is.
The art is really good, the story is really really good, and the dialogue is lots of fun. This book picks up soon after the Battle of Endor -- several weeks or maybe a month. The Rogues, in case you don't know, are the Rebellion's top fighter squadron, often called on for the most difficult jobs. Their mission this time: to buy a starfighter cloaking technology from the Mrlssi. When they get there, however, things get complicated. Not only is there apparently a "ghost Jedi" haunting the campus, but it turns out that the Imperials have also sent a delegation to try and obtain this technology. And the real catch -- the head of the Imperial delegation happens to also be the guy who essentially murdered Wedge's parents when he was a boy. And it thickens from there, but I can't really say more without spoiling things.
Aside from giving us a great, fun plot, this book also reveals more about Wedge's past than I think any other book or comic has. Plus, of course, there's a plethora of action sequences, and of course all the characters are in character, trading their customary amusing witty banter. And Mirax Terrik (from the X-wing novels), along with her ship the Pulsar Skate, appear here, giving readers a visual reference for her character.
And this book doesn't skimp on extras either. There's a little introduction by Stan Sakai, an extra page giving us some background on and schematics of the X-wing fighter so we'll know what we're looking at, plus, accompanying the cover gallery are several pages of character design sketches. Very cool.
This is one of the best X-wing comics, one of the best Star Wars comics, that you can buy. And I recommend you do so. You won't be disappointed.