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List of airline bankruptcies in the United States. A number of major airlines have declared bankruptcy and have either ceased operations, or reorganized under bankruptcy protection. Airlines, like any business, are susceptible to market fluctuations and economic difficulties.
The CAB typically arranged marriages between failing carriers (i.e., Northeast) and survivors (i.e., Delta), transferring routes and assets to the surviving carrier. Since 1978, there have been well over 100 bankruptcy filings, although not all of these have resulted in liquidation.
10 mar 2021 · American Airlines has sealed the first portion of its industry-record $10bn debt deal that highlights the extent to which investors are searching for income even in sectors badly hit by the...
14 sie 2023 · In 2011, AMR Corporation, the parent company of American Airlines, suffered financial troubles. It filed for bankruptcy, and American Airlines began a cost-cutting campaign to return to profitability. In 2013, American Airlines and US Airways merged, creating the world's largest airline by fleet size. US Airways and American Airlines were ...
13 lis 2013 · Sept. 12: Bankruptcy Judge Sean Lane approves American's plan to exit bankruptcy, with the merger as its centerpiece — contingent on the merger winning approval from the DOJ.
30 lis 2011 · (Reuters) - American Airlines filed for bankruptcy protection on Tuesday to cut labor costs in the face of high fuel prices and dampened travel demand, capping a prolonged descent for what was...
2 mar 2023 · After spending around $24 billion to upgrade its fleet in the run-up to the pandemic, following a bankruptcy and the merger with US Airways, the nation’s most-leveraged carrier is halfway...
