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This is a list of airlines that have filed for bankruptcy protection via Chapter 7 in the United States. [1][2] Airline. Date Bankruptcy filed. National Florida Airlines [3] December 1, 1983. Excellair. July 7, 1984. Oceanaire Lines. February 10, 1984.
On 4 August 2020, Virgin Atlantic filed for bankrupt protection from creditors in the US. The airline sought the protection under chapter 15 of the United States bankruptcy code, allowing it to shield assets in the country. [44] Island Express Air ceased operations and sold its assets to a group of investors. [45]
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).
Spirit Airlines could end up in bankruptcy and be forced out of business because of a federal court decision to block a proposed sale to JetBlue Airways, according to a note from an airline analyst.
The US airline industry has gone through more than 20 years of mergers and consolidation before this deal was announced. ... Other analysts didn’t predict bankruptcy or liquidation, but still ...
For a list of airlines of the United States, see List of airlines of the United States. US Airways was a major airline in the United States that operated from 1937 until it merged with American Airlines in 2015. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial ...
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).
But the story of AMR , parent company of American Airlines, shareholders is more. Skip to main content. Finance. 24/7 Help. For premium support please call: ... 800-290-4726 more ways to reach us.