TheAirlineHub: Bankruptcy Archives

Bankruptcy Archives

Jan18	Will Silverjet Survive the Year? Rob Willers January 18, 2008 Know More: Airlines, Airports, All-Business-Class Airlines, American Airlines, Bankruptcy, British Airways, CEO's, Customer Service, International Airlines, New Destinations/Services, New/Start-up Airlines, Rumor Talk, Ticket Prices Will Silverjet follow the way of MAXjet? The UK based airline is defending their strategy after a brokerage said it too was "doomed to fail." This comes on the heels of the collapse of MAXjet which filed for bankruptcy last... Posted at 8:15 PM \| Permalink \| Comments
Dec29	MAXjet Files for Chapter 11 Rob Willers December 29, 2007 Hopefully your holidays are going well; unfortunately for many MAXjet passengers that story is not going to ring true. On December 24, 2007, the day before Christmas, MAXjet grounded all planes and filed for Chapter 11 bankruptcy. The airline... Continue Reading Posted at 12:04 PM \| Permalink \| Comments
Nov12	American Airlines Rejects Pilot Pay Proposal Rob Willers November 12, 2007 American Airlines (AMR) is facing some difficult months ahead as their labor groups and the airline start to look at new contracts. In the most recent news out of new labor contracts, American Airline rejected a pay proposal by... Continue Reading Posted at 7:01 PM \| Permalink \| Comments
Sep19	NWA Goes on Hiring Spree Rob Willers September 19, 2007 Looking for a job in the airline industry? Northwest Airlines (NWA) is hiring some 1,400 new employees this year as it looks to expand internationally and replace retiring workers. The airline has already hired 3,600 workers this year to... Continue Reading Posted at 9:51 AM \| Permalink \| Comments
Jun18	NWA's Pilot Union Votes "No Confidence" Rob Willers June 18, 2007 "We didn't give up 40 percent of our pay and commit to a severely degraded lifestyle to watch it be squandered by poor management," said Monty Montgomery. The pilots union's executive council unanimously approved a resolution voting “no confidence”... Continue Reading Posted at 7:30 PM \| Permalink \| Comments
May30	Northwest Airlines Emerges from Bankruptcy on May 31, 2007 Rob Willers May 30, 2007 Everyone break out the bubbly, Northwest Airlines emerges from bankruptcy protection tomorrow a slightly smaller but a very lean company. The airline cut $4.2 billion dollars in debt, over $400 million from aircraft, and over $1.4 billion in labor... Continue Reading Posted at 4:47 PM \| Permalink \| Comments
	Airline Customer Service Slumps Lower Than IRS in Recent Survey "Fix It Now" Read Signs by United Airline's Pilots, Flight Attendants and Mechanics NWA Creditors Approve Reorganization Plan

Bankruptcy Archives

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