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Latest Airlines Bankruptcy News

  • Lou Pearlman requests delay in sentencing 17 May 2008 02:59 GMT
    ... of making a false claim in a bankruptcy case. On Friday, Peacock made a broader ... over Friday by the government from Transcontinental Airlines Inc. That company was largely a bogus ...

  • Drip, drip, drip... 17 May 2008 02:26 GMT
    ... of the night. Meanwhile, Mr. Bell, an airline pilot, was in Paris. "I didn't have ... when they had to, otherwise I'd be bankrupt." But there are things the couple would ...

  • BA profits hit £900m but fares rise 17 May 2008 01:07 GMT
    ... secured a £35m windfall yesterday after the airline hit its 10% profit margin target for ... oil price, Walsh said he expected more bankruptcies. "I think there will be further airlines ...

  • BA profits hit record £900m but fares to rise 17 May 2008 00:27 GMT
    ... secured a £35m windfall yesterday after the airline hit its 10% profit margin target for ... oil price, Walsh said he expected more bankruptcies. "I think there will be further airlines ...

  • Frontier submits severance plan for managers 17 May 2008 00:18 GMT
    ... PM MDT Airlines asked a court Friday to approve a ... key to its efforts to reorganize under bankruptcy protection. The plan is substantially less than ...

  • United in alliance talks with Continental: sources 15 May 2008 23:31 GMT
    ... Continental: sources NEW YORK (Reuters) - United Airlines has begun talks with Continental Airlines Inc ... hubs and routes during long stays in bankruptcy, and United has slashed domestic capacity to ...

  • United in alliance talks with Continental--sources 15 May 2008 23:30 GMT
    ... from a 5-year slump in 2006, U.S. airlines are hoping mergers could give them greater ... hubs and routes during long stays in bankruptcy, and United has slashed domestic capacity to ...

  • United in alliance talks with Continental 15 May 2008 22:57 GMT
    ... from a 5-year slump in 2006, U.S. airlines are hoping mergers could give them greater ... hubs and routes during long stays in bankruptcy, and United has slashed domestic capacity to ...

  • Market Outlook: Composites in General Aviation 15 May 2008 22:37 GMT
    ... recent $200 million cash infusion from Kingfisher Airlines (Bangalore, India), is the wild card in ... dollars, the company filed for Chapter 7 bankruptcy in mid-February. Coincidentally, another Englewood-based startup, Aviation ...

  • Frontier Deal Blocked by Management Demand For Golden Parachute 15 May 2008 22:36 GMT
    ... Teamsters Say Management Greed Jeopardizing Future of Airline DENVER, May 14 /PRNewswire-USNewswire/ -- The Teamsters ... are a deal breaker," Fazakas said. Frontier's bankruptcy has nothing to do with labor costs. ...

  • The Aloha Spirit - What it is, Who Possesses it, and Why it is Important 15 May 2008 20:56 GMT
    ... solemnly pledge to listen to both what is spoken and what is unspoken. "Aloha Airlines" has gone bankrupt, but the Aloha Spirit continues paying huge dividends. A ship called the "Pride of ...

  • Machinists Ratify Final US Airways Agreement 15 May 2008 20:39 GMT
    ... benefit pension plan to survive US Airways' bankruptcies. "This agreement provides for fair seniority integration, ... . The Machinists Union is the largest Airline and Rail Union in North America, representing ...

  • Small US Regional Airlines Face Cash Crunch 15 May 2008 20:38 GMT
    ... Small US Regional Airlines Face Cash Crunch Cracks in the US ... as Mesa Air to the brink of bankruptcy. Regional jet operators such as Mesa and ...

  • Frontier gets OK to end Republic pact 15 May 2008 20:32 GMT
    ... A U.S. bankruptcy judge today gave Frontier Airlines Holdings Inc. permission to end its regional jet service contract with Republic Airways Holdings ...

  • A Devil's Dictionary of Finance 15 May 2008 19:37 GMT
    ... swamped by losses and the threat of bankruptcy. The additional capital raised to cover the ... one form or another for 100 years. Airlines do it and operators of toll roads ...

  • Small regional airlines face cash crunch 15 May 2008 19:24 GMT
    ... NEW YORK (Reuters) - Cracks in the airline industry are widening, pushing smaller regional air ... support their operations," said Lorraine McGowen, a bankruptcy attorney at the Orrick law firm in ...

  • Frontier workers face temporary wage cuts of 10 percent 15 May 2008 19:18 GMT
    ... Frontier Airline employees will see paychecks cut 10 percent ... costs and navigates through the Chapter 11 bankruptcy process. Denver-based Frontier has been negotiating pay ...

  • Flying the flag 15 May 2008 19:18 GMT
    ... 170 orders, nearly all from domestic Chinese airlines. 21, and especially its forthcoming 90-seat variant, ... year Indonesia's national champion, , was declared bankrupt by the courts after losing money on ...

  • Aloha cargo sale finalized 15 May 2008 19:13 GMT
    ... The sale of Aloha Airline's air cargo operation to Seattle-based The sale, ... The sale, which was approved Wednesday in bankruptcy court, allows the cargo operations to continue ...

  • Aloha Air Cargo Now 'Official' 15 May 2008 18:13 GMT
    ... the U.S. mail to Maui and Hawaii island, was formerly a unit of now bankrupt Aloha Airlines. The operation was acquired by Saltchuk Resources, Inc., a U.S. firm that also owns ...

  • Frontier proposes wage cuts of up to 10 percent 15 May 2008 18:13 GMT
    ... A spokesman for Frontier Airlines today confirmed that the company's plan for ... costs as it works through Chapter 11 bankruptcy, is asking employees to agree to the ...

  • Frontier proposes wage cuts up to 10 percent 15 May 2008 18:12 GMT
    ... A spokesman for Frontier Airlines today confirmed that the company's plan for ... costs as it works through Chapter 11 bankruptcy, is asking employees to agree to the ...

  • Frontier Airlines Asks Employees To Take Pay Cut 15 May 2008 18:12 GMT
    ... Frontier Airlines Asks Employees To Take Pay Cut POSTED: ... costs and secure financing to emerge from bankruptcy. According to published reports, the cuts are ...

  • Frontier gets OK to end Republic contract 15 May 2008 18:12 GMT
    ... A U.S. bankruptcy judge today gave Frontier Airlines Holdings Inc. permission to end its regional jet service contract with Republic Airways Holdings ...

  • High-end airline Silverjet plans growth, as potential buyers knock on its door 15 May 2008 18:10 GMT
    ... other markets through franchise deals, the high-end airline's CEO said Thursday. Chief Executive Lawrence Hunt ... the all-business class jetliner model, but rivals' bankruptcy filings in recent months have left Silverjet ...


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