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JAL appoints new group president and executive VP

New Top Management Positions

JAL appoints new group president and executive VP

By eTN Staff Writer

Beginning February 1, 2010, Japan Airlines Group will have new executives at the the helm.

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Loss of government umbrella may rehabilitate JAL

Japan Airlines

Loss of government umbrella may rehabilitate JAL

By Makiko Kitamura and Ian Rowley

Kiyoshi Watanabe bought Japan Airlines Corp. shares last year at about 100 yen ($1.10) and lost over 90 percent of his investment on speculation the former flag carrier will file for bankruptcy.

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American Airlines to invest in JAL even in bankruptcy

Japan Airlines

American Airlines to invest in JAL even in bankruptcy

TOKYO - American Airlines is considering sweetening its $1.1 billion investment proposal for Japan Airlines and would be willing to invest in the carrier even if it goes into bankruptcy, an American A

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Will they or won't they? JAL shares plunge on bankruptcy fears

Japan Airlines

Will they or won't they? JAL shares plunge on bankruptcy fears

TOKYO — Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring.

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Belgium takes Switzerland to UN international court

Aftermath Of Swissair Collapse

Belgium takes Switzerland to UN international court

By Wolfgang H. Thome, eTN

Information was received by sources in Brussels, with whom this correspondent interacted recently during a visit to Belgium on the occasion of the joining by Brussels Airlines into the global Star All

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SunCruz casino ships parent company files for bankruptcy

Casino Cruises Go Bust

SunCruz casino ships parent company files for bankruptcy

SunCruz and the Palm Beach Princess are two gambling ships that had been running out of Florida for a long time, but both have fallen on hard times in 2009.

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Japan Airlines, lenders consider bankruptcy

JAL

Japan Airlines, lenders consider bankruptcy

By Yoshio Takahashi

TOKYO—Japan Airlines Corp., its major lenders and a quasigovernmental investment fund are studying a bankruptcy filing for the carrier if it doesn't win concessions from retirees, according to a per

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Japan's transport minister: JAL will not be forced into bankruptcy

Japan Airlines Struggles To Stay Airborne

Japan's transport minister: JAL will not be forced into bankruptcy

TOKYO — Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy.

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SkyEurope Airlines goes out of business

SkyEurope Goes Bankrupt

SkyEurope Airlines goes out of business

PRAGUE - After battling steadily waning passenger numbers and a critical lack of cash for most of the past year, SkyEurope Airlines AS, the operating unit of Vienna-listed SkyEurope Holding AG, Tuesda

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Hawaii Superferry moves through bankruptcy and asks to abandon catamarans

Maintenance Of Vessels At Significant Cost

Hawaii Superferry moves through bankruptcy and asks to abandon catamarans

By Derrick DePledge, honoluluadvertiser.com

Hawaii Superferry has asked to abandon its two high-speed catamarans to creditors because of the significant cost of maintaining the vessels as the company moves through bankruptcy.

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Air Canada asks the government for $200M loan to stave off possible bankruptcy

Air Canada

Air Canada asks the government for $200M loan to stave off possible bankruptcy

OTTAWA - Cash-strapped Air Canada has approached the government for a loan, Finance Minister Jim Flaherty said on Tuesday as the airline works against the clock to stave off possible bankruptcy.

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Extended Stay chain goes into bankruptcy

Extended Stay Hotels

Extended Stay chain goes into bankruptcy

Extended Stay Hotels, the operator of mid-priced hotels acquired at the peak of the commercial real estate market for $8 billion, filed for bankruptcy protection as the recession cut corporate and lei

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Hawaii boutique hotel files bankruptcy in an attempt to forestall foreclosure

The Lotus At Diamond Head Hotel

Hawaii boutique hotel files bankruptcy in an attempt to forestall foreclosure

Two weeks before The Lotus at Diamond Head hotel was scheduled for a foreclosure auctnio, the local developer Brian Anderson placed the boutique hotel in bankruptcy.

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Frontier Airlines wins more time to submit reorganization plan

Frontier Airlines

Frontier Airlines wins more time to submit reorganization plan

A bankruptcy-court judge has granted the request of Frontier Airlines, now under Chapter 11 protection, for more time to submit a reorganization plan.

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Frontier asks bankruptcy court for more time to submit reorganization plan

Frontier Airlines

Frontier asks bankruptcy court for more time to submit reorganization plan

By bizjournals.com

Frontier Airlines, now under Chapter 11 protection, on Friday asked a bankruptcy court for more time to submit a reorganization plan, a spokesman confirmed.

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Dornier Aviation settles with Hainan Airlines for US$14.95 million

Full Payment Of Claims In Bankruptcy Case

Dornier Aviation settles with Hainan Airlines for US$14.95 million

By eTN Staff Writer

Wiley Rein partner H. Jason Gold, the court-authorized liquidating trustee for the bankruptcy estate of Dornier Aviation (North America), Inc.

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Will Thai Airways have the courage of Malaysia Airlines?

Thai Airways

Will Thai Airways have the courage of Malaysia Airlines?

By Stéphane Hanot

BANGKOK, Thailand (eTN) - Repeated rumors about Thai Airways International quasi-bankruptcy have surfaced in Thailand’s newspapers over the last ten days, forcing the country’s national carrier to

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Lithuanian carrier grounds flights, eyes bankruptcy

Lithuania

Lithuanian carrier grounds flights, eyes bankruptcy

By Reuters

VILNIUS - Lithuanian carrier flyLAL, which counts Scandinavian airline SAS among its competitors, said on Monday it was considering filing for bankruptcy after grounding flights and failing to sell it

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Dornier Aviation of North America bankruptcy trustee commences seizure of China's Hainan Airlines' assets

Collection Activity Begins With Seizure Of Bank Account

Dornier Aviation of North America bankruptcy trustee commences seizure of China's Hainan Airlines' assets

By eTN Staff Writer

WASHINGTON, DC - Wiley Reinm partner H. Jason Gold, the court-authorized liquidating trustee for the bankruptcy estate of Dornier Aviation (North America), Inc.

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Students protected in case of airline bankruptcy

ISE Cards

Students protected in case of airline bankruptcy

By eTN

The recent bankruptcies of several major airlines and student travel agencies are a timely reminder to be careful and make sure our students are well protected - both physically, and financially.

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