LATAM Emerges From Chapter 11

LATAM Emerges From Chapter 11

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...
ExpressJet Files Chapter 11

ExpressJet Files Chapter 11

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,...
SAS files for Chapter 11

SAS files for Chapter 11

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...