Posts Tagged ‘bankruptcy’
 

 
A Mexicana Airbus A318 (XA-UBX) final approach

Mexicana Returns to the Skies This April

Nearly two years after running out of cash, filing for bankruptcy and grounding all flights, Mexicana de Aviación may resume operations as soon as April.
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North American may ground some of its planes, like this Boeing 757 (N755NA), says the company. (Photo by Mario Craig)

Pentagon’s Biggest Air Transport Contractor Files for Bankruptcy [Updated]

Global Aviation Holdings, owner of charter carriers World Airways and North American Airlines, filed for Chapter 11 bankruptcy protection Sunday evening. Global says operations will continue without interruption.
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A Malev 737-600 HA-LOE and its signature blue nose on short final for Amsterdam.

Malev Grounds All Flights, Ending 66 Years as Hungary’s Flag Carrier

Malev, the government-owned national airline of Hungary, ended operations Friday morning, the culmination of weeks teetering on the edge of insolvency.
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JetBlue CEO David Barger on Bloomberg TV

JetBlue CEO Says American Bankruptcy is Evolutionary, Travelers Need Education On Costs

In an interview broadcast on Bloomberg Television on Monday, JetBlue Airways CEO David Barger said the bankruptcy of AMR and potential consolidation of American Airlines into another carrier was an "evolution" that is "good for...
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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...
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