Sunday, 24 November 2024

Bankruptcy

Airlines

Air Canada adds capacity, caps fares following Lynx Air shutdown

The Montreal-based Air Canada has announced it will offer fare caps and additional flight capacity to assist passengers affected by the suspension of...

Airlines

Lynx Air files for bankruptcy, ceases operations

Calgary-based Lynx Air, a low-cost airline offering flights across Canada, the U.S., and Mexico, has filed for creditor protection under the Companies’ Creditors...

Airlines

PAL emerges from Chapter 11 bankruptcy

National flag carrier Philippine Airlines announced on New Year’s Eve that the airline has emerged from its voluntary Chapter 11 proceedings and is...

Airlines

PAL files for Chapter 11 Bankruptcy Protection; flights continue

As the pandemic continues to affect the aviation industry while numerous travel restrictions are still in place, the national flag carrier and Asia’s...

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