But the financial impact of expanding too fast soon befell the airline, and it filed for bankruptcy in 2019 after struggling ...

2024 saw the completion of a deal that saved the airline. Back in July 2022, the future looked bleak for SAS as it filed for Chapter 11 bankruptcy protection in New York. This action followed a ...

The Estonian government has deferred a pivotal decision on the future of the state-owned aviation firm Nordica.

Corporate bankruptcy has been in the headlines seemingly every day, as filings have surged in recent months. Yet, while bankruptcy might be a common fixture in the news, myths and misperceptions ...

Spirit Airlines is working from a position of weakness, and the risk is very high for investors that put money into the stock ...

Spirit Airlines (NYSE: SAVE ... The reason is pretty simple -- it looks like Spirit is flirting with bankruptcy. And that means there is a very real potential for a total loss for investors.

Gol Linhas Aereas Inteligentes SA has struck a sweeping restructuring deal that will see its top lender, Abra Group Ltd., ...

The announcement comes just less than a week after reports stated that the discount air carrier was looking to merge with ...