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This is a list of airlines that have filed for bankruptcy protection via Chapter 7 in the United States. [1] [2] Airline. Date Bankruptcy filed. National Florida Airlines [3] December 1, 1983. Excellair. July 7, 1984. Oceanaire Lines.
The airline entered Chapter 11 bankruptcy on August 11, 2002, but received a government-guaranteed loan through the Air Transportation Stabilization Board and was able to exit bankruptcy in 2003 [35] after a relatively short period. The airline made major cost reductions during its bankruptcy, but it still encountered higher-than-average per ...
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.
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 ...
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But the story of AMR , parent company of American Airlines, shareholders is more. Skip to main content. Finance. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
An airline serving the Tri-Cities Airport has filed for bankruptcy, effectively shuttering operations on Tuesday. Aha! Airlines parent company Express Jet announced in a social media post that it ...
Operated Canadair CL-44, Douglas DC-6, Douglas DC-7 [353] Founded by Lord Trefgarne and Charles Masefield. Renamed Treffield International and declared bankruptcy in 1967. Operated Avro Anson [355] Based at Nottingham Airport. Took part in the Berlin Airlift. Operated Douglas DC-3 [356] Renamed Progressive Airways.