The Belgian airline had been struggling and falling short for years, and its current predicament makes it unlikely there will ...

In 1925, what would become Delta Air Lines started as the world's first aerial crop-dusting operation in the Mississippi ...

Courts disagree over whether provisions in a borrower's organizational documents or loan agreements designed to restrict or prevent the borrower ...

A major airline in Europe that flies internationally recently filed for bankruptcy and is liquidating its assets.

However, now that Air Belgium has gone bankrupt, the ECTAA said “thousands of passengers are unlikely to receive refunds for ...

The U.S. bankruptcy court approved Gol's Chapter 11 restructuring plan, allowing the airline, part of the Abra Group, to emerge from bankruptcy by June 2024 and receive new aircraft by 2025.

The bankruptcy auction of Silver Airways is set for May 28 after a judge approved the terms proposed by the troubled airline ...

Brazilian airline Azul SA is in advanced talks with creditors for a roughly $600 million financing that would fund the ...

Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy ...

Even though airlines appear to be relatively successful nowadays having recovered from losses caused by the pandemic, there ...

Air traffic control problems are causing flight delays and cancellations, feeding into traveler worries over safety that ...