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.
Issues with maintenance performed on McDonnell Douglas MD-80s brought American Airlines their second recent fine from the FAA for $300,000, which would total over $1 million this month.
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...