A number of regional airlines have filed for Chapter 11 bankruptcy protection in 2025. Charter airline Kachina Air filed Chapter 11 bankruptcy on October 24. Fuel and aviation costs have been blamed.
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Seaplane charter operator Tailwind Air has filed for Chapter 11 bankruptcy in Virginia. Tailwind Air Service, LLC reported assets of $0-to-$100,000 and liabilities of $1 million to $5 million in its ...
Hawaiian airline island air has filed for Chapter 11 bankruptcy protection as it seeks to protect its operations from legal action brought by lessors. The airline was recently “very surprised” during ...
Dec 28 (Reuters) - Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for Chapter 11 bankruptcy protection ...