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BANKRUPT AIRLINE
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...- Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
- 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.
- The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
- 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 proposes new liquidator after objections from tribunalOn Thursday, the bankrupt airline Go First filed an application with the National Company Law Tribunal (NCLT) seeking approval for a new li...
- 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...
- EaseMyTrip's Nishant Pitti, SpiceJet owner Ajay Singh pull out of Go First raceThe Singh-Pitti consortium's pullout leaves the revival of Go First in jeopardy. They were the frontrunners for the troubled airline with a...
- 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...
- Delhi HC issues contempt notice to Go First RPDelhi HC issued showcause notice to Go First RP Shailendra Ajmera for non-compliance of orders regarding maintenance of aircraft leased to ...
- Go First sets up co with former staff to deal with leasing firmsBankrupt airline Go First has floated a company with its former employees to work closely with the leasing companies. In letters to aircraf...
- Government mulls two-month asset freeze for bankrupt airlinesThe government is considering a two-month moratorium rule for the aviation sector to prevent lessors from immediately taking away aircraft ...
- NCLT gives green signal for Jet revivalThe National Company Law Tribunal on Tuesday approved a plan to revive the defunct Jet Airways submitted by UK’s Kalrock Capital and the UA...
- Jet Airways RP seeks more time to pay salariesThe counsel for the RP, Ashish Chhawchharia of Grant Thornton, said Jet Airways currently has no revenue from operations, hence not in a po...
- 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...
- Grievances will be heard unconditionally, Govt to AI pilotsGovt promised to hear their grievances unconditionally without any vindictive action, as it noted that the stir had cost an "almost bankrup...
- Delta Air Lines bondholders to back US Air bidSome bondholders of bankrupt airline Delta Air Lines have begun organising an informal group to support US Airways Group’s $8.8bn takeover ...
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