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A number of major airlines have declared bankruptcy and have either ceased operations, or reorganized under bankruptcy protection. Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in ...
2023 - Agreement to purchase 41% of ITA Airways (successor of Alitalia) [2] Rossiya Airlines. 2006 - Increases by merger with Pulkovo Aviation Enterprise. 2016 - Increases by merger with Donavia and Orenair and re-brands. S7 Airlines (Siberia Airlines) 2001 - Acquired Vnukovo Airlines and Baikal Airlines.
Delta Air Lines is a major American airline. [1] [2] The company's history began with the world's first aerial crop dusting operation called Huff Daland Dusters Inc., founded in 1925 in Macon, Georgia [3] to combat the boll weevil infestation of cotton crops. [4] C.E. Woolman, general manager and later Delta's first CEO, led a group of ...
America West Airlines was an airline in the United States that operated from 1981 until it merged with US Airways in 2007. It was headquartered in Tempe, Arizona.Its main hub was at Phoenix Sky Harbor International Airport, with secondary hubs at Harry Reid International Airport in Las Vegas, Nevada and Port Columbus International Airport in Columbus, Ohio.
With no agreement, Continental filed Chapter 11 bankruptcy on September 24, 1983, and shut down for three days. [30] Continental was the first airline to file for bankruptcy with a plan to continue operating as it did continuously starting September 27, 1983. Airline unions fought Continental at every step.
Airline bankruptcies. Airline bankruptcies are covered by: List of airline bankruptcies in the United States. List of defunct airlines. Category:
AMR Corporation. AMR Corporation was an airline holding company based in Fort Worth, Texas, [2] which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. AMR filed for Chapter 11 bankruptcy protection in November 2011. The company emerged from bankruptcy on December 9, 2013, and at ...
Compass Airlines, LLC, was a regional airline in the United States that operated from 2006 to 2020, when it shut down due to the COVID-19 pandemic. It was headquartered in Delta Air Lines Building C at Minneapolis–Saint Paul International Airport in Fort Snelling, Hennepin County, Minnesota; [2] [3] prior to December 16, 2009, it was ...