NEWSOct 11, 2025Spirit Airlines Cancels Airbus Order Amid Post-Bankruptcy RestructuringSpirit Airlines, a prominent American low-cost carrier, has faced significant turbulence, leading to its decision to cancel a massive order for Airbus aircraft.Read More →
NEWSSep 12, 2025United Expands Winter Schedule Following Spirit Airlines BankruptcyFor the second time in less than a year, Spirit Airlines has filed for bankruptcy protection, raising fresh concerns about the stability of the ultra-low-cost carrier model in the United States.Read More →
NEWSDec 30, 2024Silver Airways Files for Chapter 11 Bankruptcy, Will Resume Normal OperationOn Monday evening, Silver Airways announced that it filed for Chapter 11 bankruptcy in a Florida bankruptcy court. In a statement to customers, the Florida-based airline assured customers that it would continue normal operations through bankruptcy.Read More →
NEWSMay 13, 2024Air Vanuatu: What Happens When An Airline Goes BankruptRecently, Air Vanuatu went bankrupt, canceling all international flights and stranding thousands of passengers. This latest airline bankruptcy brings up the question - What happens after an airline goes bust? Read More →
NEWSApr 01, 2024South American Tourism and the Impact of COVID-19South America's booming tourism industry seemed to evaporate during the pandemic. Although some companies are still struggling, recent evaluations of the region suggest that they are on the way back up. Read More →
INFORMATIONALFeb 02, 2024Why South Africa's Aviation Industry is Collapsing Amid Flag Carrier Bankruptcy and Economic IssuesSouth Africa's aviation industry, once a symbol of the country's economic prowess, currently navigates turbulent skies. The collapse of South African Airways (SAA), the national carrier, and broader economic strains have created a perfect storm, threatening the industry's survival.Read More →
NEWSJan 28, 2024Embattled Brazilian Low-Cost Carrier GOL Files for Chapter 11 BankruptcyGol Linhas Aereas Inteligentes SA (GOL), Brazil's largest low-cost carrier, filed for Chapter 11 bankruptcy protection in the U.S. on January 25. Although many industry analysts already expected GOL to file for bankruptcy, the move highlights airlines' enduring challenges due to the COVID-19 pandemic and broader economic uncertainties.Read More →
NEWSMay 04, 2023India's Go First Fleet Grounded for Over 17,000 Days, Blames PrattIndia's budget airline Go First has filed for bankruptcy and suspended flights due to technical issuesRead More →
NEWSDec 31, 1969Virgin Atlantic Declares Chapter 15 Bankruptcy in the United StatesVirgin Atlantic has declared Chapter 15 Bankruptcy in New York. The news comes after Virgin Atlantic chased after government aid from the United Kingdom. Click to read more.
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NEWSDec 31, 1969Aeromexico Files for Chapter 11 BankruptcyAeromexico filed for Chapter 11 Bankruptcy. Click for a in-depth analysis on the situation.Read More →