Airline bankruptcy

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[edit] Earnings Preview: AMR expected to swing to 3Q loss - Forbes

13 October 2008, by


<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/0-0&fd=A&url=http://www.forbes.com/feeds/ap/2008/10/13/ap5545024.html&cid=1257361426&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNF_9kwwgU7S3aADicFLddUlDhovlg">Earnings Preview: AMR expected to swing to 3Q loss</a>
Forbes, NY - <nobr>52 minutes ago</nobr>
AMR said in a regulatory filing last month that American's revenue per miles flown by available seats, a key sales measurement in the airline industry, ...

[edit] Frontier pilots agree to extend pay cut - Denver Post

13 October 2008, by


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<a href="http://news.google.com/news/url?sa=T&ct=us/4-0&fd=A&url=http://www.denverpost.com/business/ci_10710497&cid=0&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNH9Gr14TftNAyu4vaHhkBffPZ0lLQ">Frontier pilots agree to extend pay cut</a>
Denver Post, CO - <nobr>1 hour ago</nobr>
The pilots, represented by the Frontier Airline Pilots Association, voted to extend the concession agreement on Oct. 10 and Frontier filed papers seeking ...

[edit] Sun Country Files for Bankruptcy

13 October 2008, by rss@groundsupportmagazine.com (Allen Essex) The St. Paul, Minn.-based airline will continue to fly its regular schedule, airline officials said.

[edit] Airline industry faces 'year of hell' "The airline industry is ...

13 October 2008, by Air Scoop Mike Ambrose, the director general of the European Regional Airlines (ERA), which represents 79 airlines, said he expected the number of carriers around the world declaring bankruptcy to double to at least 70 this year. ...

[edit] Expert highlights challenges facing airline industry - Cheapflights.co.uk

13 October 2008, by


<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/1-0&fd=A&url=http://news.cheapflights.co.uk/flights/2008/10/expert-highligh.html&cid=0&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGppYjdVKy51T1hi-lovT_ZylwwhA">Expert highlights challenges facing airline industry</a>
Cheapflights.co.uk, UK - <nobr>8 hours ago</nobr>
Noting that a total of 35 carriers have declared bankruptcy this year alone, Mike Ambrose, the director general of the European Regional Airlines (ERA), ...

[edit] Expert highlights challenges facing airline industry

13 October 2008, by cheapflights-UK An industry body representing 79 European airlines has warned that the sector faces some of the biggest challenges in its history. Noting that a total of 35 carriers have declared bankruptcy this year alone, Mike Ambrose, the director ...

[edit] Aircastle: Stock Has Crash Landed, But Business is Still Flying - Seeking Alpha

13 October 2008, by


<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/6-0&fd=A&url=http://seekingalpha.com/article/99612-aircastle-stock-has-crash-landed-but-business-is-still-flying&cid=0&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGdGMUFKXaRdfEsT1xlLfN_u4aQqA">Aircastle: Stock Has Crash Landed, But Business is Still Flying</a>
Seeking Alpha, NY - <nobr>11 hours ago</nobr>
The aircraft leasing market in the US is facilitated by Section 1110 of the US Bankruptcy Code. After an airline files for bankruptcy they have 60 days to ...

[edit] Reader says Southwest has unfair edge - Philadelphia Inquirer

13 October 2008, by


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<a href="http://news.google.com/news/url?sa=T&ct=us/7-0&fd=A&url=http://www.philly.com/philly/business/20081013_Winging_It__Reader_says_Southwest_has_unfair_edge.html&cid=1257167849&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHPHsrZwjSjLKzdHT5KZRFXxPR7Og">Reader says Southwest has unfair edge</a>
Philadelphia Inquirer, PA - <nobr>12 hours ago</nobr>
The reader also pointed out that Southwest has higher labor costs than other airlines, in part because it has not used bankruptcy or the threat of it to ...

[edit] Airline stock stumbling - Arizona Republic

12 October 2008, by


<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/9-0&fd=A&url=http://www.azcentral.com/arizonarepublic/business/articles/2008/10/12/20081012biz-insider1012gilbertson.html&cid=0&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHYtPxDOnC2GTIWBqq714EqhOyTgQ">Airline stock stumbling</a>
Arizona Republic, AZ - <nobr>Oct 11, 2008</nobr>
Airline shares understandably got the stuffing knocked out of them this year as oil marched to a high of nearly $150 a barrel and bankruptcy alarms sounded. ...

[edit] Number of airlines going bankrupt to double - IrishExaminer.com

10 October 2008, by

<a href="http://news.google.com/news/url?sa=T&ct=us/5i-0&fd=A&url=http://www.rte.ie/news/2008/1007/lingus.html&cid=1254705852&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNE1tK1G23gk0KmEOLkxenX1UfMn9g"><img src=http://news.google.com/news?imgefp=qHm6KOdgKOQJ&imgurl=dynimg.rte.ie/00015ca010dr.jpg width=80 height=60 alt="" border=1>
RTE.ie</a>

<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/5-0&fd=A&url=http://www.examiner.ie/irishexaminer/pages/story.aspx-qqqg%3Direland-qqqm%3Direland-qqqa%3Direland-qqqid%3D74544-qqqx%3D1.asp&cid=1254705852&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHJQw23orzO-nbqc3Nory0nc3-AUA">Number of airlines going bankrupt to double</a>
IrishExaminer.com, Ireland - <nobr>Oct 10, 2008</nobr>
By Stephen Rogers AS AN international aviation expert predicts the number of airlines declaring bankruptcy will double to at least 70 in the next 12 months, ...
<a href="http://news.google.com/news/url?sa=T&ct=us/5-1&fd=A&url=http://www.sbpost.ie/post/pages/p/story.aspx-qqqt%3DNEWS%2BFEATURES-qqqm%3Dnav-qqqid%3D36646-qqqx%3D1.asp&cid=1254705852&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNF_1bcmDmfZQaS0UUmU7B-BjKlsfQ">Aer Lingus stake continues to haunt government</a> <nobr>Sunday Business Post</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/5-2&fd=A&url=http://www.independent.ie/opinion/analysis/two-sides-go-to-war-but-outsider-may-be-winner-1491578.html&cid=1254705852&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNFa1W9-QI9dL7e4Y4iJmYjIZRiUSQ">Two sides go to war but outsider may be winner</a> <nobr>Irish Independent</nobr>
<a><nobr>all 268 news articles</nobr></a>

[edit] Sun Country Airlines files Ch. 11 bankruptcy - Inside Tucson Business

10 October 2008, by

<a href="http://news.google.com/news/url?sa=T&ct=us/3i-0&fd=A&url=http://blogs.wsj.com/law/2008/10/08/the-investigation-that-drove-sun-country-into-bankruptcy/&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNH1xs1Ba9wj5rzt-3sNew7Bx0x6Dg"><img src=http://news.google.com/news?imgefp=gok1sd7Q1doJ&imgurl=s.wsj.net/media/suncountry_art_400_20081008085655.jpg width=80 height=55 alt="" border=1>
Wall Street Journal Blogs</a>

<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/3-0&fd=A&url=http://www.azbiz.com/articles/2008/10/10/news/doc48ee55646df47318405357.txt&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGpl796OJQYGc3r_LF3joiwqj4zuA">Sun Country Airlines files Ch. 11 bankruptcy</a>
Inside Tucson Business, AZ - <nobr>Oct 10, 2008</nobr>
Sun Country Airlines filed for Chapter 11 bankruptcy protection Oct. 6 after running into a cash squeeze when fraud charges were brought against the founder ...
<a href="http://news.google.com/news/url?sa=T&ct=us/3-1&fd=A&url=http://www.startribune.com/business/30525884.html%3Felr%3DKArks7PYDiaK7DUdcOy_nc:DKUiD3aPc:_Yyc:aUU&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHm43qPWG1wiDJt_Yi73lALQbl_eQ">Sun Country Airlines files for bankruptcy</a> <nobr>Minneapolis Star Tribune</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/3-2&fd=A&url=http://blogs.wsj.com/law/2008/10/08/the-investigation-that-drove-sun-country-into-bankruptcy/&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNH1xs1Ba9wj5rzt-3sNew7Bx0x6Dg">The Investigation that Drove Sun Country into Bankruptcy</a> <nobr>Wall Street Journal Blogs</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/3-3&fd=A&url=http://www.businessweek.com/ap/financialnews/D93L7EOG2.htm&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNFnyQS74Oy6AAzZ9VZlYTrt27F4nQ">Sun Country files for bankruptcy protection</a> <nobr>BusinessWeek</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/3-4&fd=A&url=http://online.wsj.com/article/SB122332716773909031.html%3Fmod%3Dgooglenews_wsj&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGGE5H7XkS8lCqUiKHPk9VKZReWOw"><nobr>Wall Street Journal</nobr></a> - <a href="http://news.google.com/news/url?sa=T&ct=us/3-5&fd=A&url=http://www.startribune.com/business/30525884.html%3Felr%3DKArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aULPQL7PQLanchO7DiUI&cid=1254871548&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNFZ41dmuivsmXZR66IOc6J-ymBG6A"><nobr>Minneapolis Star Tribune</nobr></a>
<a><nobr>all 178 news articles</nobr></a>

[edit] Airline shares hit market turbulence - The Associated Press

10 October 2008, by

<a href="http://news.google.com/news/url?sa=T&ct=us/8i-0&fd=A&url=http://ap.google.com/article/ALeqM5jGejPPqnMpaA-nyDFDBFgQuLiGEwD93NDM7G0&cid=1256247030&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGuFqT_FbYKOgcfexceSLIGwfsTSw"><img src=http://news.google.com/news?imgefp=beBI0PoDwCwJ&imgurl=ap.google.com/media/ALeqM5gb0vvoUvEkY1uwJNDiCUEgwDEfAQ width=53 height=80 alt="" border=1>
The Associated Press</a>

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<a href="http://news.google.com/news/url?sa=T&ct=us/8-0&fd=A&url=http://ap.google.com/article/ALeqM5jGejPPqnMpaA-nyDFDBFgQuLiGEwD93NDM7G0&cid=1256247030&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGuFqT_FbYKOgcfexceSLIGwfsTSw">Airline shares hit market turbulence</a>
The Associated Press - <nobr>Oct 9, 2008</nobr>
Investing in airlines for the long-term can be a risky and not always rewarding proposition, as four major US carriers have filed for bankruptcy protection ...

[edit] Airline Bankruptcy - Travel Insured Coverage Ends for Sun Country ...

9 October 2008, by Jonathan Gehris Sun Country Airlines, according to a Travel Weekly report of Oct. 7, 2008, has filed for chapter 11 bankruptcy protection under the US Bankruptcy Code. According to the company announcement, the bankruptcy filing occurred as the result ...

[edit] Sun Country files for bankruptcy

8 October 2008, by EmbraerFlyer President and CEO Stan Gadek became chairman and said the airline, which has not been implicated in the federal probe, needed to secure its financial independence (ATWOnline, Oct. 6). Gadek said yesterday that the bankruptcy filing was ...

[edit] Frontier Hits A Union Pocket

24 September 2008, by USA Today’s Today In The Sky is reporting that Frontier Airlines has gone to their bankruptcy judge and asked him to break the Teamster’s contract in order to allow some heavy maintenance to be done off shore (Central America most likely.)    I’ll confess that I have so far been surprised at Frontier’s relatively smooth, up to this date, reorganization.  This latest development seems to indicate that all is not as it seems and they may only just now be working on the hard stuff.  The hard stu

[edit] An Educational Post About the Airline Industry

22 September 2008, by I’ve had a stressful week, so I’ve decided to release my steam valve a bit…..even though it’s totally unrelated to this weeks’ events, it is a stressor brought to light (again) with the recent Stock Market mess. On April 3rd of this year, my husband learned that the Airline he was employed with for 10 years was closing it’s doors.  Done.  See ya! Employees were escorted out of the headquarters building by security, with their personal possessions, in the middle of the night. Flight crews wer

[edit] Alitalia’s license might not last

22 September 2008, by ROME (AP) — Italian aviation authorities were meeting with Alitalia’s bankruptcy administrator on Monday to see if the long-ailing airline has enough money to keep flying more than a few days…. Klik her for læse hele nyheden

[edit] Alitalia’s license might not last

22 September 2008, by ROME (AP) — Italian aviation authorities were meeting with Alitalia’s bankruptcy administrator on Monday to see if the long-ailing airline has enough money to keep flying more than a few days…. Klik hier voor het volledige verhaal

[edit] Berlusconi warns Alitalia now risks bankruptcy

21 September 2008, by ROME (Reuters) - Alitalia remained airborne on Saturday but Prime Minister Silvio Berlusconi ruled out any last-minute rescue by a foreign airline and said Italy’s flag carrier could be headed for bankruptcy. Cliccare qui per leggere l’intero articolo

[edit] Berlusconi warns Alitalia now risks bankruptcy

21 September 2008, by ROME (Reuters) - Alitalia remained airborne on Saturday but Prime Minister Silvio Berlusconi ruled out any last-minute rescue by a foreign airline and said Italy’s flag carrier could be headed for bankruptcy. Klik her for læse hele nyheden

[edit] Berlusconi warns Alitalia now risks bankruptcy

21 September 2008, by ROME (Reuters) - Alitalia remained airborne on Saturday but Prime Minister Silvio Berlusconi ruled out any last-minute rescue by a foreign airline and said Italy’s flag carrier could be headed for bankruptcy. Klik her for læse hele nyheden

[edit] Berlusconi warns Alitalia now risks bankruptcy

21 September 2008, by ROME (Reuters) - Alitalia remained airborne on Saturday but Prime Minister Silvio Berlusconi ruled out any last-minute rescue by a foreign airline and said Italy’s flag carrier could be headed for bankruptcy. Klik her for læse hele nyheden

[edit] Bankrupt Alitalia forced to cancel 40 flights on Wednesday

19 September 2008, by Bankrupt Italian flagship airline Alitalia was forced to cancel 40 of its scheduled flights on Wednesday after one of its smaller unions stage a four-hour strike against the latest draft of a plan to rescue the financially-troubled carrier, with hundreds of airline workers protesting at Rome’s main international airport. The Italian carrier is struggling to survive as some of its unions are unwilling to accept terms outlined by potential investors that include longer working hours, job losses

[edit] Italian national airline Alitalia ‘collapses’

18 September 2008, by The bankrupt Italian airline, Alitalia, faces imminent collapse after a consortium of Italian industrialists today withdrew its offer to buy the carrier. Silvio Berlusconi, the Prime Minister, said: “We are facing the abyss.” Luigi Angeletti, head of the UIL union, one of three unions that had accepted the bid by the Italian Air Company (CAI), said that the collapse was “a catastrophe for Italian society and trades unions”. The news comes after weeks of brinkmanship, with unions banking on be

[edit] Alitalia restores flights despite bankruptcy threat - Sofia Echo

18 September 2008, by

<a href="http://news.google.com/news/url?sa=T&ct=us/2i-0&fd=A&url=http://english.aljazeera.net/business/2008/09/2008923152735291491.html&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHfVsTuPKkACv01vDiKAdgH62NQCQ"><img src=http://news.google.com/news?imgefp=7yqdMfUcZTMJ&imgurl=english.aljazeera.net/mritems/Images//2008/9/18/2008918161323311811_5.jpg width=80 height=53 alt="" border=1>
Aljazeera.net</a>

<img alt="" height="1" width="1">
<a href="http://news.google.com/news/url?sa=T&ct=us/2-0&fd=A&url=http://www.sofiaecho.com/article/alitalia-restores-flights-despite-bankruptcy-threat/id_31875/catid_66&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNFb-SYtLBdpsIVUtPkjQwY92RM1ig">Alitalia restores flights despite bankruptcy threat</a>
Sofia Echo, Bulgaria - <nobr>Sep 18, 2008</nobr>
... still negotiating on the fate of the staff at the struggling airline. Bankruptcy could leave a large part of Alitalia’s nearly 20 000 employees jobless. ...
<a href="http://news.google.com/news/url?sa=T&ct=us/2-1&fd=A&url=http://news.sky.com/skynews/Home/Business/Italian-Airline-Alitalia-Facing-Bankruptcy-After-Rescue-Talks-Fail/Article/200809315102576%3Flpos%3DBusiness_Carousel_Region_2%26lid%3DARTICLE_15102576_Italian_Airline_Alitalia_Facing_Bankruptcy_After_Rescue_Talks_Fail.&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNErBt3BJPsJIASqW8zwTLwFGdbZxw">Italian Airline Facing Bankruptcy</a> <nobr>Sky News</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/2-2&fd=A&url=http://canadianpress.google.com/article/ALeqM5hiS01TQeSzfxEsuoijIuUCZF-RMw&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNEEaCEiF4mGB8CMBAvm-NzTmPw0Zw">Bankrupt Alitalia cancels 40 flights</a> <nobr>The Canadian Press</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/2-3&fd=A&url=http://economictimes.indiatimes.com/News/International_Business/Alitalia_cancels_30_flights_as_it_hurtles_toward_bankruptcy/articleshow/3504229.cms&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNHhDPQRnQcfBjfCEzu2T2_FJEL8Xw">Alitalia cancels 30 flights as it hurtles toward bankruptcy</a> <nobr>Economic Times</nobr>
<a href="http://news.google.com/news/url?sa=T&ct=us/2-4&fd=A&url=http://blog.wired.com/cars/2008/09/flying-alitalia.html&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGuAo3nugIE5L2TAl2u8m572YfNog"><nobr>Wired News</nobr></a> - <a href="http://news.google.com/news/url?sa=T&ct=us/2-5&fd=A&url=http://online.wsj.com/article/SB122211778115264407.html%3Fmod%3Dgooglenews_wsj&cid=1247250927&ei=-6LzSKvDBJnU9QSD9ayMAQ&usg=AFQjCNGxXDfB1jWeC8z5P-luKZbTNhTiGw"><nobr>Wall Street Journal</nobr></a>
<a><nobr>all 1,153 news articles</nobr></a>

[edit] Google Old News cause Big Trouble !!

17 September 2008, by A big big mistake! Google News crawled an old news “Bankruptcy of United Airlines” in year 2002 as today’s news and cause serious stock market evaporate. This old story was first hit its popularity in South Florida Sun-Sentinel newspaper. Google news bot then pick it up and show it as news result for the keywords of “2008 bankruptcy”. After that, the ISA editor write a report on the story and submitted as news flash on Bloomberg! The Google Bot Effects United Airlines clarified and brought do

[edit] Alitalia to start layoff process Friday

17 September 2008, by Alitalia has told unions it will start ending labor contracts and sending layoff letters to its employees on Friday after talks with a group of investors to rescue the airline failed, a union official said. “Informally, we were told (the layoff process) would start today,” Renata Polverini of the UGL union told reporters.

[edit] Business Credit Card Acceptance

17 September 2008, by Do you run a small or large business online? And you still don’t accept credit cards? What a shame, because most transactions online are done via credit cards. Of course there are payment processors like PayPal, but they take out fees, as do most credit card acceptance companies. Not true with OnlineCheck.com they don’t rip merchants off with high fees. You’re the one doing all the work for your business promoting your site, making or buying your goods, and selling them on your storefront shoul

[edit] Alitalia may start canceling flights -- can't afford fuel

15 September 2008, by Filed under: Business, Italy, Airlines, NewsAlitalia has been going through a bit of a rough patch of late. Even before the fuel crisis this past summer, Italy's national airline was already struggling with poor service, unhappy unions and terrible management. Now, with costs going through the roof the airline is in some serious financial trouble. Through the course of the summer, Alitalia has been looking for ways out of it's tangle. For a while, we thought that Air France and KLM, the French

[edit] Bankruptcy chief calls urgent Alitalia union talks

13 September 2008, by ROME (Reuters) - The bankruptcy commissioner in charge of Alitalia has called the airline’s unions to an urgent meeting at 1200 GMT on Saturday, Alitalia said in a statement. Cliccare qui per leggere l’intero articolo

[edit] Bankruptcy chief calls urgent Alitalia union talks

13 September 2008, by ROME (Reuters) - The bankruptcy commissioner in charge of Alitalia has called the airline’s unions to an urgent meeting at 1200 GMT on Saturday, Alitalia said in a statement. Klik hier voor het volledige verhaal

[edit] Bankruptcy chief calls urgent Alitalia union talks

13 September 2008, by ROME (Reuters) - The bankruptcy commissioner in charge of Alitalia has called the airline’s unions to an urgent meeting at 1200 GMT on Saturday, Alitalia said in a statement. Klik her for læse hele nyheden

[edit] Bankruptcy chief calls urgent Alitalia union talks

13 September 2008, by ROME (Reuters) - The bankruptcy commissioner in charge of Alitalia has called the airline’s unions to an urgent meeting at 1200 GMT on Saturday, Alitalia said in a statement. Klik her for læse hele nyheden

[edit] The growing list of airlines that have collapsed amid high fuel prices

13 September 2008, by lattenrost

[edit] XL Airline Goes Under, Alitalia Close To Bankruptcy

12 September 2008, by   According to the BBC: Tens of thousands of Britons are stranded abroad after the country’s third largest package holiday group went into administration. The XL Leisure Group operates XL airlines and flies to 50 destinations, mainly in the Mediterranean. All its flights have now been canceled and its aircrafts grounded. The Civil Aviation Authority (CAA) said 85,000 people could be stranded abroad and 200,000 have made advance bookings with the company. Bloomberg is also reporting that A

[edit] Google nearly crashes United Airlines

12 September 2008, by The meek geeks shall inherit the earth. It seems a rare Google goof might be to blame for a chain of events that ultimately stripped United Airlines of $1B (yes, with a 'B') of stock value, as investors dumped shares when rumors of the company's imminent bankruptcy spread like kudzu earlier this week. Only problem is that the rumors were from a 2002 article on the same subject. The offending piece was picked up by Google's algorithmically-managed search-bots, and mistakenly placed--undated--in

[edit] Thousands stranded by XL collapse

12 September 2008, by aaron.hatch

[edit] The Differences Between Airline Bankruptcy and Failure

11 September 2008, by World Travel Warehouse What do you do if your airline goes bankrupt? I hear this question a lot lately, and if some big-name financial gurus are right, we’ll all be hearing it more often in the future. Despite widespread attention in the press, however, ...

[edit] Thousands of passengers stranded as lowcost airline Zoom collapses

28 August 2008, by Thousands of passengers have been stranded following the collapse of the lowcost airline Zoom.

[edit] Lufthansa poised for alliance with Alitalia

23 August 2008, by Germany's Lufthansa is the airline in talks with Alitalia over a partnership deal aimed at saving the cash-strapped Italian national airline from bankruptcy.

[edit] Opening ceremony of the athens 2008 games olympic airline ...

11 August 2008, by opening ceremony of the athens 2008 games olympic airline bankruptcy dcamq iaxrjfk cfxyn qmse http://vealloin.gigazu.com/olympic6998.html opening ceremony of the athens 2008 games olympic airline bankruptcy <a href="http://blogsearch.google.com/blogsearch?hl=en&amp;safe=off&amp;um=1&amp;q=airline%2Bbankruptcy&amp;ie=ISO-8859-1&amp;num=10" http://vealloin.gigazu.com/olympic6998.html="http://vealloin.gigazu.com/olympic6998.html">olympic spirit toronto</a> ...

[edit] United Sues Own Pilots

31 July 2008, by Chicago-based UAL Corp is asking a federal judge for a an injunction against four of its pilots and their union, claiming that they are abusing their sick leave by refusing to fly extra hours. The injunction request charges the pilots and the Air Line Pilots Association with encouraging a "sick-out," ...

[edit] Summary for July 2008

31 July 2008, by Government, Customer, Airlines and the Airline Industry Government* Congress has another three months to figure out a way to reauthorize the FAA before Fiscal 2008 ends.* The House and Senate last week passed a sixth short-term extension of the FAA authorization and aviation excise taxes, pushing ...

[edit] Shaking the airline bankruptcy blues

24 July 2008, by Charlie Leocha America’s airline industry, after having all the legacy carriers except American Airlines visit the bankruptcy courts, is predicted to be headed back to the bankruptcy trough if oil prices don’t keep dropping. ...

[edit] Airline Crisis Boosts Biofuel Drive

17 July 2008, by Algae and nuts are among the alternative sources of fuel being considered by an increasingly skittish aviation industry as an alternative to petroleum, whose price rises threaten airlines with bankruptcy. With oil prices poised to break through the US$150 a barrel barrier, biofuels based on ...

[edit] AA to burn up cash in 14 months

15 July 2008, by The Dallas Morning News is reporting that American Airlines is burning its unrestricted cash at a rate that exceeds $310 million per month and accellerating. This rate has the troubled airline in bankruptcy in August of 2009. AA had $5 billion in cash entering July of 2008 and must ...

[edit] AirTran shares plunge on downgrades

14 July 2008, by Two downgrades and a negative outlook given for the airline industry sent shares of AirTran Airways' parent company tumbling Monday nearly 19 percent to a new 52-week low. There's no near-term threat of a bankruptcy filing by the Orlando, Fla.-based discount carrier. But analysts and ...

[edit] Airline Bankruptcy: Airbus Avoiding Cash-Strapped Carriers

14 July 2008, by pbb Airbus, whose jets are super-popular among the start-up airline set, has put together a list of companies that may not have the money to afford planes. Probably a good idea in the wake of the Skybus fiasco, which left dozens of A319s ...

[edit] British Airways buys L'avion, transatlantic business class market successfully monopolized

2 July 2008, by Filed under: , , British Airways just announced that it was buying L'avion, the struggling business-class-only carrier that has recently been operating flights between New York's JFK airport and Paris's Orly. We here at Gadling have been speculating on the future of the small, proud airline ...

[edit] Airlines to Cut Flights and Scale Back Routes

28 June 2008, by If you think airplane travel is annoying now, just wait until next year: there will be a major reduction in the number of available flights, as the airline industry sinks deeper and deeper into a financial morass. By Labor Day, cuts in the number of planes and schedules will bring the industry ...

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