Articles tagged “bankruptcy”

Pinnacle Airlines may emerge from bankruptcy early in 2013 now that it is making progress in its labor relations.

American Airlines pilots recently ratified a new agreement, but this lingering issue about senior pilots' pensions could cause some unrest.

There’s almost no chance outside investors will step in to save the ailing airline when even owner Vjiay Mallya is hesitant to divert funds into its resurrection.

It's smart for AMR's Horton to point out US Airways' own troubles, but then again he's the one who's CEO of a bankrupt ailine.

The airline’s restructuring plan, to be submitted to the government by year’s end, will make or break the airline as its employees and lenders have reached their wits’ end.

1Time Airline knew of its financial problems and should have cancelled flights and refunded tickets prior to grounding its entire fleet.

American Airlines' bankruptcy is a numbers' game to cost-cutters, but it is changing the lives of some of the airline's now-former workers forever.

The aggrieved hedge funds who wrote the letter believe American is intent on emerging from bankruptcy as a standalone company.

The delay points to a more likely coupling with U.S. Airways as AMR adjusts its plan to accomodate merger concerns as well as lingering labor issues with the pilots' union.

Mallya is now liquidating any and all of his assets to cover personal and business debts, but even if they are resolved and Kingfisher makes a turnaround, his reputation will likely never be repaired.