United CEO Rules Out Bid For Spirit’s Assets
United CEO Scott Kirby said Tuesday that the airline will not seek to acquire Spirit’s assets if the ultra-low-cost carrier ultimately goes out of business.
chapter 11 bankruptcy
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Judge Grants Spirit Access to Emergency Funding
A U.S. bankruptcy court has given Spirit permission to tap $275 million in emergency funds as it prepares to restructure its business.
Brazil’s Azul Files For Bankruptcy
Azul Brazilian Airlines is filing for Chapter 11 bankruptcy protection in the U.S. as it works to reduce its high debt load.
iAero Airways Files for Bankruptcy Protection
iAero Airways, previously known as Swift Air, has filed for Chapter 11 bankruptcy protection, Aero Crew News reports. The company is among the largest Boeing 737 charter airlines in the United States. iAero Airways was established in 2019 when iAero acquired Swift Air. The company offers charters, ACMI leasing, and cargo flights on behalf of […]
