This year marked the end of an obscure era for Aeromexico and LATAM Airlines, two of the largest South American companies. Both airlines emerged from Chapter 11 bankruptcy after lengthy and painful processes, which began in 2020, at the zenith of the COVID-19...
On November 3, 2022, LATAM Airlines Group emerged from Chapter 11 bankruptcy protection. The airline spent two and half years reorganizing, downsizing costs and debt, and overall improving the company’s bottom line for years to come. LATAM emerges from bankruptcy...
We have a date: LATAM Airlines will exit its Chapter 11 process in the first week of November, the company said on Wednesday. Once LATAM emerges from the bankruptcy process in the United States, all three Latin American airlines to have filed for this protection in...
ExpressJet Airlines today filed for bankruptcy protection under Chapter 11 in Delaware and ceased all flight operations. It is tough for the people now looking for work, again. The airline industry is known for its ability to “eat” careers. Fortunately,...
UPDATE – SAS has filed for Chapter 11 bankruptcy protection at the New York Southern District Court on July 5. This follows a day after pilot unions announced a strike after they and the unions failed to reach an agreement. SAS files for Chapter 11. “The...
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