Level Europe files for bankruptcy
WENEN – Level Europe, the subsidiary of IAG that operates budget flights within Europe, has filed for bankruptcy. All activities have been suspended with immediate…
bankruptcy
LATAM becomes largest airline yet driven to bankruptcy by coronavirus
(Reuters) – LATAM Airlines Group (LTM.SN), the continent’s largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to…
Thai government approves plan for bankruptcy court-led restructuring of Thai Airways
(Reuters) – Thailand’s cabinet approved a plan to restructure troubled Thai Airways International Pcl’s (THAI.BK) finances through a bankruptcy court, the Southeast Asian country’s prime…
Slovenia’s Adria Airways files for bankruptcy
(Reuters) – Slovenian airline Adria Airways has filed for bankruptcy and canceled all flights, it said in a statement on Monday, after financial problems forced…
Hawker Beechcraft readies bankruptcy filing: sources
Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs’ private equity arm and Onex Corp , is preparing to file for bankruptcy protection in…
Japan Air Lines bankruptcy in January 2010?
Creditors of debt-ridden Japan Airlines would incur losses of some 700 billion yen (US$7.6 billion) if the struggling carrier enters a bankruptcy process, a report…
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