Global Aviation Holdings Inc.
PEACHTREE CITY, Ga. - Global Aviation Holdings Inc.
AeroSvit to seek protection from its creditors in court this week
KIEV, Ukraine - AeroSvit, Ukraine's largest airline, will seek protection from its creditors in court this week after grounding most of its flights and leaving hundreds of people stranded across ...
American Airlines
By Ronald Kuhlmann
American Airlines continues to work its way through bankruptcy.
Cimber Sterling Stops Flying
Danish carrier Cimber Sterling has declared bankruptcy on Thursday, after its owners decided not to continue their financial support of the company.
Petition to be submitted to Judge presiding over bankruptcy case
A controversial series of YouTube videos mocking a flight attendant's bosses at American Airlines has morphed into an all-out grassroots movement to remove the upper-management team now running ...
American Airlines Merger Talk
NEW YORK, N.Y. - American Airlines' bankruptcy has many in the industry questioning if a merger is in its future.
Kingfisher Airlines considers radical debt-reduction plan
MUMBAI, India - The board of Kingfisher Airlines will on Monday consider a proposal to cut debt by more than half by selling property, converting loans from its parent company into equity, and ...
Waikiki EDITION Row: Marriott to pursue tens of millions of dollars in damages
Bethesda, Md. – The filing by the owner of the Waikiki EDITION and its legal advisors of a bankruptcy proceeding to prevent Marriott International, Inc.
Airline Industry News
PHOENIX - Mesa Air Group’s Plan of Reorganization became effective today, allowing the company to emerge from its reorganization under Chapter 11 of the U.S. Bankruptcy Code.
Irish Bankruptcy Tourism
Niall is 31 and manager of a successful fruit farm just outside Dublin.
Gulfstream International Group
Florida's Gulfstream International Group announced that it has filed for Chapter 11 on Thursday to restructure its debt and secure long-term financing.
Company Purchasded For 3.925 Billion US Dollars
SPARTANBURG, South Carolina - Extended Stay Hotels emerged from Chapter 11 bankruptcy protection today, after an investment group purchased 100 percent of the company for US$3.925 billion.
Grupo Mexicana
By Paul Kiernan
MEXICO CITY - Ownership changes at struggling airliner Grupo Mexicana appear to have left the company without a chief executive as it navigates bankruptcy proceedings, with the new owners ...
Space Tourism
By JENNIFER PALMER
An aerospace company that had once hoped to soar in the space tourism business may end up landing in bankruptcy court.
Mexicana Airlines Bankrupt
By Hugo Martín
Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, announced Tuesday that it had filed for bankruptcy protection in the U.S.
Cozumel Caribe SA bankrupt
By Jacqueline Palank
A Mexican provider of tourism services at a beachfront hotel in Cozumel filed for Chapter 15 bankruptcy protection Tuesday.
Gaming Activites Company Emerges From Chapter 11
Multi-billionaire, Donald J. Trump, is probably one of the last people you would link with the word bankruptcy.