Posts Tagged ‘bankruptcy’
 

 

Delta Air Lines, US Airways and TPG Capital Considering Bids for American Airlines: Report

Delta Air Lines, US Airways and TPG Capital are considering separate bids for American Airlines in bankruptcy court, according to a Wall Street Journal report published Thursday afternoon.
by admin
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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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American’s Bankruptcy Miracle

It has long been obvious that, short of a miraculous reduction in its labor and debt costs and an increase in revenue, American Airlines needed to restructure its costs in Chapter 11 like every other US legacy carrier had befor...
by Edward Russell
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American Airlines and Parent Company AMR File for Bankruptcy

AMR Corporation, the parent company of American Airlines and American Eagle, announced on Tuesday that it has filed for Chapter 11 bankruptcy.
by BNO News
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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...
by admin
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