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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.
Delta Air Lines Boeing 777-200ER in its current livery. On 25 April 2007, the airline's bankruptcy plan was approved by the bankruptcy court. On 30 April 2007, Delta Air Lines emerged from bankruptcy protection as an independent carrier. Delta also unveiled a new logo, reminiscent of its logo from the 1970s and 1980s, and a new paint scheme.
Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion.
Delta Air Lines is a major airline in the United States headquartered in Atlanta, Georgia. [1] It is the United States' oldest operating airline and the seventh-oldest operating worldwide . [ 7 ] Delta, along with its subsidiaries and regional affiliates, including Delta Connection , operates over 5,400 flights daily and serves 325 destinations ...
The filing took place in the U.S. Bankruptcy Court for the Southern District of New York on September 14, 2005. [33] With Northwest's filing, four of the six largest U.S. carriers were operating under bankruptcy protection. Northwest joined Delta Air Lines (which filed just minutes before), United Airlines, and US Airways in bankruptcy. All ...
The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. [1] The company filed for bankruptcy protection under Chapter 11 in 2012 [2] and emerged from Chapter 11 in 2013 as a wholly owned subsidiary of Delta Air Lines. [3]
The combined airlines would have flown under the Delta Air Lines name. Delta Air Lines repeatedly stated its intentions of exiting bankruptcy as a stand-alone carrier. On December 19, 2006, Delta's Board of Directors officially rejected US Airways offer. The final decision, however, was up to Delta Air Lines creditors as well as a bankruptcy ...
Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees ...