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It started with a Swiss court in October to declare bankrupcy proceeding against PrivateAIr after a vendor asked the court. PrivateAir responded it was a mistake and managed to operate for another month and a half. Today on December 5, PrivateAir asked a Swiss Court to continue bankruptcy proceedings.
The cabin crew of a bankrupt budget Spanish airline produced a nude calendar to publicize their battle to recoup their lost wages, Spain's La Voz Libre reported Wednesday.
FORT WORTH, Texas - A new study released by a business travelers group has predicted most major airlines will be bankrupt by next year if fuel costs remain high. The study, which was commissioned by the Business Travel Coalition, said the commercial aviation industry is "in full-blown crisis and heading toward a catastrophe."
I'm a numbers guy. Loved statistics in college. I ruminate over batting averages and calculate in my head exactly how to add a 15 percent tip.