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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.
LONDON, England - Some major carriers are taking advantage of EU carbon law by grabbing emission allowances at bargain prices, shoring up demand in a market that saw prices cut in half last year.
CHICAGO - Airlines reporting August passenger traffic so far are lining up in two camps: low-cost carriers like US Airways Group (LCC) say the picture is improving, but major international carriers, i