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Jet Airways Limited, trading as Jet Airways, was an Indian full-service airline based in Delhi, ... for bankruptcy proceedings with debt amounting to $1.2 billion. ...
One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees. After satisfying certain requirements, bankruptcy law permits courts to approve the rejection of labor contracts by the debtor-employer. With this tool, airline managers reduce costs.
Irrawaddy Flotilla & Airways [8] 1934: 1939: Its fall was triggered by the Japanese invasion of Burma in 1942 [9] [10] Jagson Airlines: JGN: JAGSON: 2005: 2010 Jamair: 1946: 1977: Jet Airways: 9W: JAI: JET AIRWAYS: 1993: 2019: Liquidated Jet Konnect: S2: JLL: 2009: 2014: Merged into Jet Airways, Liquidated JetLite: S2: RSH/JLL: 2007: 2012 ...
The following is a list of defunct airlines of the United States.However, some of these airlines have ceased operations completely, changed identities and/or FAA certificates and are still operating under a different name (e.g. America West Airlines changed to use the identity of US Airways in 2005 – which itself also changed identity to American Airlines in 2015).
2001 - Acquires most of Trans World Airlines assets after filing for bankruptcy [5] 2013 - Acquired by US Airways, keeping the American Airlines name. Currently the world's largest carrier. 2019 - Purchased a 3% stake in China Southern Airlines; Braniff International Airways. 1982 - South American routes was purchased by Eastern Air Lines
Budget carrier Spirit Airlines filed for bankruptcy this week, stoking concern about how the financial peril of a low-fare option could impact prices across the industry. The Florida-based company ...
A Trump Shuttle Boeing 727-100 in 1989. Trump Shuttle, Inc. was an airline owned by Donald Trump from 1989 to 1992. The landing rights and some of the physical assets necessary to operate the shuttle flights were originally part of Eastern Air Lines and known as the Eastern Air Lines Shuttle.
It is unclear if the retail stores plan to close by Feb. 16., but a separate declaration supporting the bankruptcy said Liberated Brands had about $3.3 million of cash on hand on Monday, which ...