Browsing Tag
Bankruptcy
28 posts
Azul prepares offer to buy Gol carrier, says reports
Azul Linhas Aéreas is preparing an offer to take over rival Gol, which has been in bankruptcy since…
Gol carrier extends deadline to renegotiate debts with lessor AerCap
Brazilian carrier Gol managed to extend the deadline to negotiate leasing contracts for Boeing 737 jets leased by…
Five Boeing 737s from Gol Linhas Aereas will be transferred to Avelo Airlines
Gol Linhas Aéreas will return five Boeing 737 NG jets to its lessor during this year and which…
Letter from LATAM seeking Boeing 737 jets the day after Gol’s bankruptcy filing appears
Gol Linhas Aereas obtained approval from the New York Bankruptcy Court to investigate LATAM Airlines due to the…
LATAM offered to lease up to 25 Boeing 737s from Gol, says carrier in bankruptcy
Days after Gol Linhas Aéreas filed its financial restructuring request with the US Bankruptcy Court, the so-called Chapter…
Gol receives initial approval from US Bankruptcy Court
Gol Linhas Aéreas announced on Monday that it had obtained approval from the United States Bankruptcy Court for…
Gol Linhas Aereas carrier files for financial restructuring in the US
Gol Linhas Aéreas filed for Chapter 11 in the United States Bankruptcy Court for the Southern District of…
Shares of carrier Gol fall amid bankruptcy rumors
One of the largest Brazilian airlines, Gol Linhas Aéreas can file under Chapter 11, legislation that governs companies…
Former regional giant, ExpressJet airline files for bankruptcy in the US
Once giant, US regional airline ExpressJet ceased all flight operations and filed for Chapter 11 bankruptcy on Monday.…
SAS files for bankruptcy in the US
Scandinavian Airlines System (SAS), the main carrier in Sweden and Denmark, has filed for bankruptcy in the US,…
Avianca announces approval of its financial reorganization plan
Avianca announced on Wednesday that it had successfully restructured the financial process to emerge from Chapter 11, US…
LATAM postpones bankruptcy plan for the second time
The LATAM group announced this Wednesday that the Southern District Court of New York has approved the extension…
‘New Alitalia’ should debut at the end of the year with fewer planes and employees
The Italian government presented to the European Union this week plans to relaunch Alitalia, the country’s flagship airline…
LATAM Brasil also files for bankruptcy protection in the US
Originally excluded from the Chilean group’s bankruptcy filing, LATAM Brasil was also added to the “Chapter 11” process…
Avianca Brasil (OceanAir) confirms collapse
The airline OceanAir, also known as Avianca Brasil, announced on Monday that it had asked Justice to end…
Avianca Brasil owner insists on interest in Alitalia
In business logic, a company in financial difficulties seeks buyers among solid groups with sufficient capital to invest.…
Aeromexico is another Latin American airline to file for bankruptcy
Aeromexico announced on Tuesday that it was filed under Chapter 11 in the US in order to start…
LATAM follows Avianca and files for bankruptcy protection in the US
LATAM Airlines group filed for bankruptcy protection in the US on Tuesday so that the company can organize…
Avianca returns to bankruptcy protection
The second largest airline in South America, Avianca is in serious danger of going bankrupt. On Sunday, the…
Alitalia will have control assumed by the government
Alitalia is about to be rescued by the Italian government. The country’s flagship airline, which was looking for…