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AIRLINES BANKRUPT
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.
Spirit Airlines files for bankruptcy for second time in a year, CEO cites ongoing financial challenges; Analysts warn of cost structure and market pressuresSpirit Airlines, grappling with financial instability, has filed for bankruptcy protection again after a previous reorganization failed to ...
Go First granted 60-day extension by NCLT to complete insolvency proceedingsBankrupt airline Go First has been granted an additional 60 days by the National Company Law Tribunal (NCLT) to conclude its insolvency pro...
Lenders to Go First weigh liquidation after court order on planes, sources sayLenders to India's Go First are scheduled to convene later this week to explore various options for the financially distressed airline, inc...
Bankrupt Sri Lanka looks to expand airline fleetThe island nation is in the grip of its most painful economic downturn since independence in 1948, with severe shortages of essential goods...
Travel agents seek cash refund from bankrupt AlitaliaBSP is a system designed to facilitate and simplify the selling, reporting and remitting procedures of IATA Accredited Passenger Sales Agen...
Jet lenders face new headwindsIt has appointed Rocco Mulder as the administrator in the bankruptcy proceedings of the Indian airline company.
Public money being used to save Jet Airways: CongressThe Congress said this bailout of a private airline was being done "in a tearing hurry" by the same Modi government which was trying to pri...
Etihad wants to exit Jet for Rs 400 crore at a discountBy seeking Rs 150/share for an exit, Etihad is valuing Jet at around Rs 1800 crore.
From Kingfisher to United: Airlines who flew bankruptAir India is under a debt of over Rs 52,000 crore, with the government planning disinvestment to help it survive.
- Sunday ET: Kingfisher Airlines pilots strike work over salary dues
"A section of Mumbai-based pilots have gone on strike due to repeated failure to keep up with the promises (made by the airline management)...
- Low cost airline SkyEurope goes bankrupt
SkyEurope Airline AS, a Central European discount airline, said Tuesday it has filed for bankruptcy and that all its flights, sales and ope...
- Low cost airline SkyEurope goes bankrupt
SkyEurope Airline AS, a Central European discount airline, filed for bankruptcy on lack of sufficient interim funding.
- Lufthansa to take over Brussels Airlines
German carrier Lufthansa will acquire full control of Brussels Airlines, the two companies said Monday after talks with SN Airholding of Be...