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Start Over Descriptor "Airlines -- Finance" Topic company bankruptcy
1,359 results on '"Airlines -- Finance"'

1. GOL Airlines Files Chapter 11 Reorganization Plan

Subjects
GOL Linhas Aéreas Inteligentes S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

Brazilian low-cost airline GOL Linhas Aéreas Inteligentes SA (GOL) has announced its intention to file an initial proposed Chapter 11 plan of reorganization with the US Bankruptcy Court. This significant [...]

Published
2024

2. Spirit Airlines Files for Bankruptcy Protection, Continues Flying

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines in 2011. Despite the filing, the budget-travel icon [...]

Published
2024

3. Spirit Airlines Files for Bankruptcy Protection, Continues Flying

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines in 2011. Despite the filing, the budget-travel icon [...]

Published
2024

4. Spirit Airlines to keep flying after filing for bankruptcy protection

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Consumer news and advice, General interest
Abstract

Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday. The airline will continue to operate as normal, and all tickets remain valid, it added. Spirit has struggled [...]

Published
2024

5. Spirit Airlines in discussions over terms of a bankruptcy filing, WSJ reports

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, Business, News, opinion and commentary
Abstract

Spirit Airlines (SAVE) is in discussions with bondholders over the terms of a bankruptcy filing following the failed merger with JetBlue (JBLU), Alexander Gladstone, Alison Sider, and Andrew Scurria of [...]

Published
2024

6. Azul Airlines Negotiates Debt Settlement, Rules Out Chapter 11

Subjects
Bankruptcy reorganizations, Debtor and creditor, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

Azul Linhas Aéreas Brasileiras (AD) has confirmed it is not considering filing for Chapter 11 bankruptcy protection in the United States. Instead, the Brazilian airline is negotiating with lessors to [...]

Published
2024

7. Spirit Airlines Files for Bankruptcy; Trump Picks Brendan Carr as FCC Chairman; Trump's Controversial Cabinet Picks. Aired 10:30-11a ET

Subjects
United States. Federal Communications Commission, Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Chairpersons, Airlines -- Finance, Company financing, Company bankruptcy, News, opinion and commentary, Buffalo Bills
Abstract

[10:30:00] JOEY JACKSON, CNN LEGAL ANALYST AND CRIMINAL DEFENSE ATTORNEY: -- what you have to do as prosecutors is piece things together that are indirect, that circumstances would be suggestive [...]

Published
2024

8. SAS Scandinavian Exits Chapter 11, Joins SkyTeam Alliance

Subjects
Air France KLM S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

SAS Scandinavian Airlines has officially emerged from Chapter 11 bankruptcy protection in the United States, as well as a similar restructuring process in Sweden. The airline, which filed for Chapter [...]

Published
2024

9. SAS Scandinavian Exits Chapter 11, Joins SkyTeam Alliance

Subjects
Air France KLM S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

SAS Scandinavian Airlines has officially emerged from Chapter 11 bankruptcy protection in the United States, as well as a similar restructuring process in Sweden. The airline, which filed for Chapter [...]

Published
2024

10. Curacao's JetAir ceases operations with bankruptcy filing

Subjects
JetAir -- Finance, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, Aerospace and defense industries
Abstract

Byline: Jon Hemmerdinger Caribbean airline JetAir has grounded its aircraft and cancelled all flights after its parent companies entered bankruptcy protection in a Curacao court. Caribbean airline JetAir has grounded [...]

Published
2024

11. Spirit Air CEO says not evaluating Chapter 11 at this time, Bloomberg reports

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Business, News, opinion and commentary
Abstract

Spirit Airlines CEO says the company is not evaluating a Chapter 11 bankruptcy at this time, according to Bloomberg, citing comments made by Ted Christie at the company's annual shareholder [...]

Published
2024

12. Airlines Impacted as Germany's FTI Touristik Files for Bankruptcy

Subjects
Bankruptcy reorganizations, Tour operators -- Finance, Travelers, Charter airlines, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

European charter airlines operating out of Germany, Austria, and the Netherlands face financial repercussions following FTI Touristik GmbH's bankruptcy filing on June 3, 2024. FTI Touristik, part of Europe's third-largest [...]

Published
2024

13. SPIRIT AIRLINES FILES FOR BANKRUPTCY PROTECTION; HOLIDAY TRAVEL UNLIKELY TO TAKE HIT, EXPERTS SAY

Subjects
Spirit Airlines Inc. -- Finance, JetBlue Airways Corp. -- Finance, United Technologies Corp. Pratt & Whitney Div. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Aircraft engine industry -- Finance, Company financing, Company bankruptcy, General interest, News, opinion and commentary, A320 (Aircraft)
Abstract

Byline: Zach Wichter, USA TODAY Spirit Airlines officially filed for bankruptcy protection Monday after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses, [...]

Published
2024

14. Spirit Airlines files for bankruptcy amid mounting debts

Subjects
Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Spirit Airlines Inc. -- Finance
Abstract

US discount carrier Spirit Airlines filed for bankruptcy after struggling to compete with bigger rivals amid mounting debts. Miami-based Spirit, which made the Chapter 11 filing in New York, had […]

Published
2024

15. Spirit Airlines files Chapter 11 bankruptcy

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Business, regional
Abstract

Byline: Matthew Fazelpoor Spirit Airlines announced Nov. 18 it entered a Chapter 11 bankruptcy process as a way to shore up its finances. The action comes amid a turbulent time [...]

Published
2024

16. US no-frills pioneer Spirit Airlines files for bankruptcy protection

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Fund raising, Airlines -- Finance, Company financing, Company bankruptcy, General interest, News, opinion and commentary
Abstract

Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger attempts and heavy debt levels, the company said. The Florida-based [...]

Published
2024

17. Spirit Airlines files for Chapter 11 bankruptcy

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Business, Computers and office automation industries, Telecommunications industry
Abstract

Byline: Lori Aratani; Leo Sands; Aaron Gregg Spirit Airlines, the scrappy carrier that helped usher in a new age of no-frills travel before falling victim to the changing economics of [...]

Published
2024

18. Fly Spirit? Here's what the airline's bankruptcy means for travelers

Subjects
Company financing, Company bankruptcy, Travelers, Bankruptcy, Airlines -- Finance, Spirit Airlines Inc. -- Finance
Abstract

Byline: Hannah Sampson; Natalie B. Compton After unsuccessful attempts to merge with Frontier and then JetBlue, a struggling Spirit Airlines filed for bankruptcy protection Monday morning. But the third strike [...]

Published
2024

19. Spirit Airlines filed for bankruptcy protection. What does it mean for traveling?

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Business, General interest, Business, regional
Abstract

Byline: Emily Bloch Nov. 18Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the COVID-19 pandemic and failed merger attempts. What if I [...]

Published
2024

25. SAS Scandinavian Airlines Set for Chapter 11 Exit Mid-2024 as US Court Approves Plan

Subjects
United States. Bankruptcy Courts, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

SAS Scandinavian Airlines is poised to emerge from Chapter 11 bankruptcy protection by mid-2024, following the green light from a US Bankruptcy Court in New York for its restructuring plan. [...]

Published
2024

26. Spirit Airlines Navigates Turbulent Financial Waters with Looming Bankruptcy Concerns

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

Spirit Airlines, a carrier known for its budget-friendly, a la carte travel model, is currently embroiled in a battle for survival amid mounting financial pressures. The airline, which hoped for [...]

Published
2024

27. HOW VANUATU CAN RETURN TO SUSTAINABLE GROWTH AFTER AIRLINE BANKRUPTCY

Subjects
Tropical cyclones, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, News, opinion and commentary, International Monetary Fund
Abstract

WASHINGTON -- The following information was released by the International Monetary Fund (IMF): By Evan Papageorgiou and Maria Gonzalez After economic shocks, it's time for this small Pacific island nation [...]

Published
2024

28. Spirit Airlines Files for Chapter 11 Bankruptcy -- Here's Why

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, News, opinion and commentary, Sports and fitness
Abstract

Budget air carrier Spirit Airlines filed for bankruptcy Monday, marking the largest U.S. passenger airline bankruptcy in over a decade. This announcement follows years of financial struggles and a blocked [...]

Published
2024

29. Is Spirit Airlines Bankruptcy Plan Confirmable?

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy law, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, Business, international
Abstract

Ultra low-cost carrier Spirit Airlines filed for protection under Chapter 11 of the US Bankruptcy Code today in the Southern District of New York, which didn't surprise too many professionals [...]

Published
2024

30. Roundup: Spirit Airlines files for bankruptcy protection

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Local service airlines, Airlines -- Finance, Company financing, Company bankruptcy, Business, general, General interest, News, opinion and commentary
Abstract

NEW YORK, November 18, 2024 (Xinhua via COMTEX) -- Spirit Airlines, the ultra-low-cost carrier recognized for its budget-friendly offerings, has filed for Chapter 11 bankruptcy protection as it seeks to [...]

Published
2024

31. Spirit Airlines files for bankruptcy protection as financial losses pile up and debt payments loom

Subjects
Bankruptcy reorganizations, News agencies -- Finance, Airlines -- Finance, Company financing, Company bankruptcy, Spirit Airlines Inc. -- Finance, The Associated Press -- Finance
Abstract

NEW YORK (AP) — Spirit Airlines files for bankruptcy protection as financial losses pile up and debt payments loom. Copyright 2024 The Associated Press. All rights reserved. This material may […]

Published
2024

32. Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Author

KOENIG, DAVID

Subjects
Spirit Airlines Inc. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, News, opinion and commentary
Abstract

https://apnews.com/article/spirit-airlines-stock-layoffs-sells-planes-20c2b6688a453a68bea475a7db7783e1 said Monday that it has filed for https://apnews.com/article/spirit-airlines-bankruptcy-jetblue-merger-a8fa808c667a9b0f2bc2b668a5629d0b and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger carriers, [...]

Published
2024

33. Spirit Airlines files for Chapter 11 bankruptcy

Subjects
Spirit Airlines Inc. -- Finance, JetBlue Airways Corp. -- Finance, American Airlines Inc. -- Finance, Finance, Company financing, Company bankruptcy, Airlines -- Finance, Bankruptcy reorganization, COVID-19, Bankruptcy reorganizations
Published
2024

36. GOL Linhas Aereas Inteligentes Files for Chapter 11 Bankruptcy Protection in the US

Subjects
GOL Linhas Aéreas Inteligentes S.A. -- Finance, Aerovías del Continente Americano S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

GOL Linhas Aéreas Inteligentes, a major Brazilian airline operating under the IATA code G3, has voluntarily filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the [...]

Published
2024

37. Brazil's Gol files for Chapter 11 bankruptcy protection in US court

Subjects
Aerovías del Continente Americano S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Aerospace and defense industries
Abstract

Byline: Pilar Wolfsteller Brazilian low-cost carrier Gol has filed for Chapter 11 bankruptcy protection in the USA so it can 'address ongoing challenges' posed by the Covid-19 pandemic. Brazilian low-cost [...]

Published
2024

38. SAS revises revenue and profit projections as it nears Chapter 11 exit

Subjects
Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Company business forecast/projection, Aerospace and defense industries
Abstract

Byline: David Kaminski-Morrow Scandinavian carrier SAS's latest version of its restructuring plan projects that it will achieve revenues of SKr48.1 billion ($4.6 billion) in the current fiscal year, and a [...]

Published
2024

39. Brazil's GOL Linhas Aereas Evaluates Chapter 11 Bankruptcy Filing Amid Financial Challenges

Subjects
Aerovías del Continente Americano S.A. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

GOL Linhas Aéreas Inteligentes, one of Brazil's leading airlines, is reportedly contemplating filing for Chapter 11 bankruptcy protection in the United States within the upcoming month. This consideration comes as [...]

Published
2024

45. Thai Airways Set for Thai Smile Integration in Quest to Exit Bankruptcy

Subjects
Thai Airways Public Company Ltd. -- Finance, Bankruptcy reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

In a strategic move to emerge from bankruptcy protection, Thai Airways, Thailand's premier national carrier, has embarked on the path to integrate its budget subsidiary, Thai Smile, by January 2024. [...]

Published
2023

46. US's Western Global Airlines mulls bankruptcy

Subjects
Air freight, Non-governmental organizations, Bankruptcy, Airlines -- Finance, Company financing, Company bankruptcy, Transportation industry, Travel industry
Abstract

After enjoying red-hot pandemic cargo demand, Western Global Airlines (KD, Fort Myers Southwest Florida) is considering bankruptcy as cargo demand comes off the boil. Citing unnamed sources, Bloomberg is reporting [...]

Published
2023

47. SAS AB: SAS receives court approval for chapter 11 plan

Subjects
Air France S.A. -- Finance, Bankruptcy reorganizations, Corporate reorganizations, Airlines -- Finance, Company financing, Company bankruptcy, Business, international
Abstract

Oslo: SAS AB has issued the following news release: SAS announces that the US Bankruptcy Court for the Southern District of New York (the 'US Court') has approved SAS's chapter [...]

Published
2024

50. Norwegian airline Flyr files for bankruptcy

Subjects
Bankruptcy reorganizations, Airlines -- Finance, Company business management, Company financing, Company bankruptcy, Business, Travel industry
Abstract

Norwegian airline Flyr has filed for bankruptcy, 19 months after it was first set up. The airline declared in a stock exchange announcement on 31 Jan that it would file [...]

Published
2023

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