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Tag: insolvency

More turbulence ahead: Increasingly difficult times for private jet travel

PrivatAir filed for insolvency on December 5, 2018 – and while its focus was on charter rather than fractional ownership or jet cards, this...

Uruguayan airline Pluna calls it quits

MONTEVIDEO, Uruguay — One day after announcing the indefinite suspension of all flights due to the company's financial difficulties, Uruguay's flagship airline Pluna has declared insolvency.

Hebridean cruise line files for administration

Cruise line Hebridean is facing insolvency after it emerged that its vessel Hebridean Princess, a ship that the Queen chartered for her 80th birthday, is in the hands of administrators.
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