Posts Tagged ‘bankruptcy’
 

 

BREAKING: Global Aviation Holdings Enters Bankruptcy (Again)

´┐╝Citing a global decline in demand for its chartered cargo and passenger transport services, NYC Aviation has learned Georgia-based Global Aviation Holdings tonight filed for Chapter 7 bankruptcy protection.
by Eric McKirdy
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Mexicana de Aviaci├│n Tower in Mexico City

Ailing Mexicana Suspends Several International Routes

Troubled Mexicana de Aviacion, Mexico's largest air carrier, on Sunday said the company will indefinitely suspend several international flights starting on Monday, including Madrid, London, Caracas and Sao Paulo.
by BNO News
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A Cimber Sterling Boeing 737-700 (OY-MRS) seen taking off from Alicante, Spain. (Photo by PatxikuD5000, published under a CC BY-NC-ND license.)

Danish Airline Cimber Sterling Grounds All Flights, Files For Bankruptcy

Cimber Sterling grounded all flights effective immediately after filing for bankruptcy Thursday morning.
by admin
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A Kingfisher Airlines Airbus A320 (VT-KEG) taxis at Bangalore. (Photo by marirs via wikipedia, CC-BY-SA)

India’s Kingfisher Revival Plan ‘Unconvincing’

A plan proposed by troubled Kingfisher Airlines is not enough to get it back in the skies, an aviation ministry official said on Friday.
by AFP
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Photo of the Day: Passengers board an Air China Airbus A340-300 (B-2385) for the evening service to Beijing. (Photo by Gordon Gebert Jr.)

Final Call: Handicapping the Suitors of American as Airline Threatens to Scrap Pensions and Drops More Leases

American rejected more leases and threatened to drop employee pensions while gaining at least three potential buyers this week. Plus, the cause of a 2008 Kalitta 747 crash revealed, Ryanair adds a carbon fee, and more...
by admin
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