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North American Airlines was a subsidiary of Global Aviation Holdings, Inc., formerly Global Aero Logistics, Inc.Unlike the other airlines that are or were a part of Global Aviation, ATA Airlines (now defunct) and World Airways (now defunct), North American was founded after airline deregulation in the United States.
Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
On November 12, 2013, the company announced that it is once again filing for Chapter 11 bankruptcy protection, shut down World Airways, and sold the remaining assets of North American Airlines in 2014. The company had previously entered Chapter 11 bankruptcy on February 15, 2012, not long after shuffling assets and closing ATA Airlines. In 2008 ...
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 ...
North American Airlines Group or North American Group, dba North American Airlines was a "combine", a group of US irregular air carriers and related companies under common control that acted as an early scheduled low-cost carrier in the period 1949–1957. It can be seen as a form of virtual airline.
North American Airlines: NTM: NORTHAM: 1978 – 2004 Operated Swearingen Merlin, Beech King Air, Piper Navajo [288] North Canada Air: Prince Albert: 1930 – 1965 See also M&C Aviation, Time Air: North Cariboo Flying Service: NCB: NORTH CARIBOU: 1957 – 2007 Rebranded North Cariboo Air Operated Aeronca Champion, Piper Navajo [289] North ...
NEW YORK (AP) — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The airline said customers should not see any disruption to their ...
What travelers need to know and should expect in the wake of Spirit Airlines' bankruptcy filing.