While some airlines are currently riding the travel demand high that has been going steady since the post-pandemic reopening, ...

While nothing will sink an airline's investment prospects quite like a formal Chapter 11 filing, even rumors of a looming bankruptcy are often enough to set off an already-near downfall.

Canada Jetlines, a Canadian low-cost airline, has filed for bankruptcy after ceasing operations in August 2024.

United Airlines filed for bankruptcy today ... A simple majority vote from the board was required to approve a bankruptcy filing. Bankruptcy usually leaves a company's common stock worthless.

Some top airlines, including AMR, have announced service reductions to offset weak demand. In its bankruptcy filing, AMR said its cost-cutting in recent years had been insufficient and that it ...

Hawaii-based Aloha Airlines announced Sunday it would shut down its passenger operations this week after filing for bankruptcy protections last month, concluding 61 years of service. In its ...

ONE of the world’s oldest running airlines is to close after nearly 100 years of operation. Czech Airlines, the flag carrier ...

Air Belgium, which halted its passenger flight operations in 2023, faces bankruptcy within two weeks after so far failing to ...

There are "five, and basically only five, reasons why airlines file for bankruptcy," the report said: Labor costs above what the airline can afford, and an inability to negotiate a way to lower ...

Scandinavian airline SAS has exited US Chapter 11 bankruptcy proceedings as it completed its restructuring with a new ownership, the company announced Wednesday. The company had filed for ...

Bankruptcy is a legal proceeding that can lessen the load of your debt, but it has disadvantages like legal expenses and ...