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AIRLINE BANKRUPTCY RISK
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
IndiGo taps Japanese financing for aircraft in a first for Indian aviationJapanese equity financing is cheaper than conventional debt financing, and aviation financiers and lawyers say the transaction signals grow...
Bankrupt Spirit Airlines slashes flights as layoffs loom - If you booked tickets here's what you need to knowSpirit Airlines has filed for bankruptcy again, causing big changes that affect travelers everywhere. Spirit Airlines is planning significa...
Go First lenders to challenge move that could let lessors reclaim planesGo First's lenders plan to challenge the DGCA's interpretation of bankruptcy law changes that could allow lessors to reclaim planes. The DG...
Government aims to table Cape Town Convention Bill in monsoon sessionThe proposed Bill will give primacy to the Cape Town Convention in case of conflict with any other local law, primarily the Insolvency and ...
Go First backs emergency arbitration in Pratt & Whitney dispute in USThe Indian airline blames the Raytheon Technologies-owned engine maker for its financial woes and recent bankruptcy filing, arguing that th...
Banks play safe on lending to airlines after Go Air bumpCredit worthiness of the sector was improving after Tata Group increased its presence in the sector acquiring Air India and with strong per...
Go First crisis: What's the Cape Town Convention? Why do we need it?The decision by the bankruptcy court will also increase India's risk profile, resulting in lessors charging higher risk premiums from other...
'Risky jurisdiction': Aircraft lessors raise alarm over Go First crisis in IndiaSMBC, along with firms such as Jackson Square Aviation and Bank of China Aviation, raised the alarm after a tribunal gave Go Airlines (Indi...
NCLT's Go First ruling may hike aircraft leasing costs: executivesThe Indian bankruptcy court's decision to allow Go First's voluntary insolvency petition and bar aircraft lessors from repossessing the car...
Banks set norms to select bidders for troubled assetsBanks have prepared a set of subjective criterion to evaluate the bidder which includes the applicant’s background.
- ATA closes operations, files Chapter 11
ATA Airlines shut down operations and stranded thousands of travelers on Thursday when an unexpected loss of key charter flights and soarin...