NEWS Dec 30, 2024 Silver Airways Files for Chapter 11 Bankruptcy, Will Resume Normal Operation On 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 →

NEWS Jan 19, 2024 Financial Issues May Force Brazil's GOL to File for Bankruptcy The aviation industry can be difficult for airlines to survive since many carriers operate with razor-thin profit margins in a delicate balance between operating loss and operative revenue. The results can be disastrous when this balance between operating costs and revenue (profit/income) is disturbed. The latest airline to experience this problem is the Brazilian low-cost carrier GOL Linhas Aéreas Inteligentes (GOL). The 22-year-old airline is reportedly considering filing for Chapter 11 bankruptcy protection. Read More →

NEWS Dec 31, 1969 Aeromexico Files for Chapter 11 Bankruptcy Aeromexico filed for Chapter 11 Bankruptcy. Click for a in-depth analysis on the situation. Read More →

NEWS Dec 31, 1969 LATAM Airlines Files for U.S. Bankruptcy Protection LATAM, Latin America's largest carrier, said it would continue to fly through its bankruptcy restructuring. Read More →