Bankruptcy

Feb 27, 2008 - 5:51 AM
On February 15, Adam Aircraft voluntarily filed Chapter 7 bankruptcy in the U.S.
Feb 23, 2008 - 4:07 PM
As more students come forward to say they believe they were swindled by the country’s biggest civil helicopter flight school, attorney general offices in s
Jan 11, 2008 - 5:40 AM
German airframer Extra Flugzeugbau of Hunxe entered insolvency last month, similar to Chapter 11 bankruptcy in the U.S.
Dec 18, 2007 - 11:07 AM
Creditors expect to start reviewing a status report due on November 2 from a court-appointed insolvency administrator for Fairchild Dornier’s 728 program d
Nov 30, 2007 - 11:15 AM
After announcing plans to lay off up to 350 employees starting March 1, Moravan Aeroplanes’ LZ Aeronautical Industries division continues to champion the l
Oct 17, 2007 - 6:19 AM
An 11th-hour effort on January 31 failed to keep OEM startup VisionAire afloat after a federal district court judge placed the company back into Chapter 7
Jul 24, 2007 - 9:52 AM
Fairchild Dornier Aero Industries has filed for bankruptcy protection in a German district court, virtually ensuring the end of the latest attempt to resus
Mar 8, 2007 - 4:23 AM
Comair has given its pilots until March 4 to ratify a tentative deal forged with union representatives last month after U.S.
Oct 30, 2006 - 11:22 AM
Independence Air and parent company FLYi filed for Chapter 11 bankruptcy protection last month, ending a year-and-a-half-long wait for what many considered
Sep 28, 2006 - 8:50 AM
A federal district court judge struck a severe blow to the management of Mesaba Airlines last month when he overturned an earlier bankruptcy court ruling t