BurgerFi International, the fast-casual operator behind BurgerFi and Anthony’s Coal Fired Pizza, filed for Chapter 11 ...
This means that the airline has officially given up on its initial efforts to find new creditors and will now begin selling ...
Tupperware, the iconic houseware company, is preparing to file for bankruptcy, people with knowledge of the situation told ...
But founding an airline is an expensive and ultimately very risky undertaking and, by October 2023, Air Belgium had stopped running all of its passenger flights as it looked for a ...
ONE of the world’s oldest running airlines is to close after nearly 100 years of operation. Czech Airlines, the flag carrier ...
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.
In a statement, Big Lots said filing for voluntary bankruptcy in the District of ... U.S. News // 48 minutes ago Alaska Airlines announces completion of Hawaiian Airlines purchase Sept.
Megabus was the favorite cheap travel option for millennials. Then it ran out of gas.
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.
1. Since filing for Chapter 11 bankruptcy protection in the U.S. two years ago, the airline has restructured more than $2 billion of debt, adjusted its aircraft fleet and reached agreements with ...
US investment fund Blackrock Investment Management has sold a portion of its preferential shares and American Depositary ...