Spirit Airlines files for Chapter 11, but expects to emerge from financial restructuring by March 2025
A long-predicted scenario became reality on Monday when Spirit Airlines revealed that it had filed for Chapter 11,…
Browsing Tag
Chapter 11
29 posts
Azul announces agreement with OEMs and lessors of almost all of its aircraft
Brazilian carrier Azul Linhas Aéreas announced on October 7 that it had reached a broad agreement with aircraft…
Azul aircraft lessors may end up with 20% of the Brazilian airline’s shares
Azul Linhas Aéreas is reportedly close to an agreement with aircraft lessors to put an end to speculation…
Azul carrier shares melt amid Chapter 11 rumors
Azul Linhas Aéreas saw its shares on the Sao Paulo and New York stock exchanges fall sharply on…
SAS exits Chapter 11 process, sees Air France-KLM with 20% of the company
SAS Scandinavian Airlines announced on Wednesday that it has emerged from the US Chapter 11 process after just…
Gol predicts fleet of 169 Boeing 737 in 2029 amid financial recovery plan
Brazilian carrier Gol Linhas Aéreas revealed on Monday a new financial recovery plan for the next five years,…
Gol carrier to deliver up to 16 Boeing 737s to lessors – report
Gol Linhas Aéreas has reportedly reached an agreement with the lessors of its aircraft, which should be taken…
Azul prepares offer to buy Gol carrier, says reports
Azul Linhas Aéreas is preparing an offer to take over rival Gol, which has been in bankruptcy since…
Gol carrier extends deadline to renegotiate debts with lessor AerCap
Brazilian carrier Gol managed to extend the deadline to negotiate leasing contracts for Boeing 737 jets leased by…
Five Boeing 737s from Gol Linhas Aereas will be transferred to Avelo Airlines
Gol Linhas Aéreas will return five Boeing 737 NG jets to its lessor during this year and which…
Letter from LATAM seeking Boeing 737 jets the day after Gol’s bankruptcy filing appears
Gol Linhas Aereas obtained approval from the New York Bankruptcy Court to investigate LATAM Airlines due to the…
LATAM offered to lease up to 25 Boeing 737s from Gol, says carrier in bankruptcy
Days after Gol Linhas Aéreas filed its financial restructuring request with the US Bankruptcy Court, the so-called Chapter…
Gol receives initial approval from US Bankruptcy Court
Gol Linhas Aéreas announced on Monday that it had obtained approval from the United States Bankruptcy Court for…
Gol Linhas Aereas carrier files for financial restructuring in the US
Gol Linhas Aéreas filed for Chapter 11 in the United States Bankruptcy Court for the Southern District of…
Shares of carrier Gol fall amid bankruptcy rumors
One of the largest Brazilian airlines, Gol Linhas Aéreas can file under Chapter 11, legislation that governs companies…
Air France-KLM is in a consortium that will take over the airline SAS
The airline SAS announced on Tuesday the winning consortium in the company’s financial recovery process, within Chapter 11,…
LATAM Group concluded restructuring process
The LATAM Group, the largest airline in Latin America, announced on Thursday that it had completed its financial…
SAS files for bankruptcy in the US
Scandinavian Airlines System (SAS), the main carrier in Sweden and Denmark, has filed for bankruptcy in the US,…
LATAM Airlines has reorganization plan approved by US court
LATAM Airlines announced that the Court for the Southern District of New York has approved the airline’s proposed…
Avianca announces approval of its financial reorganization plan
Avianca announced on Wednesday that it had successfully restructured the financial process to emerge from Chapter 11, US…