NEWSJan 19, 2024Financial Issues May Force Brazil's GOL to File for BankruptcyThe 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 →
NEWSJan 10, 2022Philippine Airlines Exits Chapter 11 BankruptcyPhilippine Airlines has now emerged from bankruptcy ready to increase their market share in East Asia. With lofty plans on the horizon, the airline is now poised to achieve new historic flights and expand on existing popular routes.Read More →
NEWSAeromexico Files for Chapter 11 BankruptcyAeromexico filed for Chapter 11 Bankruptcy. Click for a in-depth analysis on the situation.Read More →
NEWSLATAM Airlines Files for U.S. Bankruptcy ProtectionLATAM, Latin America's largest carrier, said it would continue to fly through its bankruptcy restructuring.
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