The interfacial characteristics of binary polymer blend films spread at the air-water interface are reviewed, focusing on their surface pressures, interfacial structures, and dilational moduli as a function of the miscibility. Miscible polymer blend films show thermodynamic, structural, and dynamic properties which are a combination of those from both components in the polymer blend present at the air-water interface. No preferential adsorption is observed and the behavior does not depend on the surface concentration regime. In contrast, for immiscible polymer blend films, preferential adsorption of one polymer phase occurs at the air-water interface and the interfacial characteristics in the semi-dilute and concentrated regimes are strongly controlled by one of the components of the adsorbed polymer.