A Scandinavian Airlines flight from Norway to Spain had to be diverted after a mouse climbed out of an in-flight meal.
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.
Rite Aid has selected long-time company executive Matt Schroeder as the drugstore chain’s new CEO on the same day the retail pharmacy operator emerged from federal bankruptcy protection.
Many of the restaurant industry bankruptcy cases will be bearing fruit this fall. Orlando, Fla.-based Red Lobster, which filed for Chapter 11 bankruptcy protection in May and has closed more than ...
In its filings, Axis said its bankruptcy cases were meant to restructure its loan with DLP and provide payments to other unsecured creditors, including multiple Kansas City-area environmental ...
With more capacity planned in tribunals and greater technology integration of all stakeholders in the bankruptcy ecosystem, the number of cases getting cleared is expected to increase. However ...
Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees ...
SAS has officially joined the SkyTeam global airline alliance, following its move out of US Chapter 11 bankruptcy protection and a restructure. The Scandinavian airline had previously said it would ...
Scandinavian Airlines’ (SAS) move from Star Alliance to SkyTeam took effect Sept. 1, in a move that is set to change the global airline alliance landscape. The SAS switch from Star Alliance to ...
The move came just days after SAS finally exited Chapter 11 bankruptcy protection in the US as part of its long-running financial restructuring process. The Stockholm-based airline has made the switch ...
An SAS hero who took part in the Iranian embassy siege and helped in raids during the Falklands War has died aged 82. John Thompson, warrant officer, died on Saturday evening after a period of ill ...