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Ukraine's largest airline flies into bankruptcy

AeroSvit to seek protection from its creditors in court this week Ukraine's largest airline flies into bankruptcy

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’s “cornerstone” world view

American Airlines American’s “cornerstone” world view

Ronald Kuhlmann

American Airlines continues to work its way through bankruptcy.

Danish carrier Cimber Sterling declares bankruptcy

Cimber Sterling Stops Flying Danish carrier Cimber Sterling declares bankruptcy

Danish carrier Cimber Sterling has declared bankruptcy on Thursday, after its owners decided not to continue their financial support of the company.

American Airlines flight attendant works to uproot airline management

Petition to be submitted to Judge presiding over bankruptcy case American Airlines flight attendant works to uproot airline management

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' bankruptcy makes it attractive takeover target

American Airlines Merger Talk American Airlines' bankruptcy makes it attractive takeover target

NEW YORK, N.Y. - American Airlines' bankruptcy has many in the industry questioning if a merger is in its future.

Kingfisher will hock property to stay airborne

Kingfisher Airlines considers radical debt-reduction plan Kingfisher will hock property to stay airborne

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 ...

Marriott: Waikiki EDITION owner's bankruptcy self-defeating

Waikiki EDITION Row: Marriott to pursue tens of millions of dollars in damages Marriott: Waikiki EDITION owner's bankruptcy self-defeating

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 Mesa Air Group exits Chapter 11

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.

Bankrupt Irish running to Britain

Irish Bankruptcy Tourism Bankrupt Irish running to Britain

Niall is 31 and manager of a successful fruit farm just outside Dublin.

Gulfstream airline goes into bankruptcy

Gulfstream International Group Gulfstream airline goes into bankruptcy

Florida's Gulfstream International Group announced that it has filed for Chapter 11 on Thursday to restructure its debt and secure long-term financing.

Extended Stay Hotels emerge from bankruptcy

Company Purchasded For 3.925 Billion US Dollars Extended Stay Hotels emerge from bankruptcy

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.

With Borja gone, who will run Mexicana?

Grupo Mexicana With Borja gone, who will run Mexicana?

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 ...

Tourism news: Space tourism company folds

Space Tourism Tourism news: Space tourism company folds

JENNIFER PALMER

An aerospace company that had once hoped to soar in the space tourism business may end up landing in bankruptcy court.

Debt-ridden Mexicana files for bankruptcy protection in  US and Mexico

Mexicana Airlines Bankrupt Debt-ridden Mexicana files for bankruptcy protection in US and Mexico

Hugo MartĂ­n

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 files for bankruptcy

Cozumel Caribe SA bankrupt Cozumel Caribe SA files for bankruptcy

Jacqueline Palank

A Mexican provider of tourism services at a beachfront hotel in Cozumel filed for Chapter 15 bankruptcy protection Tuesday.

Trump and bankruptcy - two words you would not expect to hear together

Gaming Activites Company Emerges From Chapter 11 Trump and bankruptcy - two words you would not expect to hear together

Multi-billionaire, Donald J. Trump, is probably one of the last people you would link with the word bankruptcy.

Travel news: Goldtrail bankruptcy leaves 16,000 Britons stranded while on holiday

Tour Operator Collapses Travel news: Goldtrail bankruptcy leaves 16,000 Britons stranded while on holiday

When Goldtrail, a Turkey and Greece tour operator, went into bankruptcy on Friday afternoon, July 16, 2010, suddenly 16,000 Britons abroad found themselves

News for Mesa Air Group continues to get worse

Mesa Air Group Woes News for Mesa Air Group continues to get worse

Brett Snyder

The news for once-large Mesa Air Group continues to get worse and worse.

JAL appoints new group president and executive VP

New Top Management Positions JAL appoints new group president and executive VP

eTN Staff Writer

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

Loss of government umbrella may rehabilitate JAL

Japan Airlines Loss of government umbrella may rehabilitate JAL

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 ...

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 ...

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 ...

Belgium takes Switzerland to UN international court

Aftermath Of Swissair Collapse Belgium takes Switzerland to UN international court

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 ...

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.

Japan Airlines, lenders consider bankruptcy

JAL Japan Airlines, lenders consider bankruptcy

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 ...

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.

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, ...

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

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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