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World News   Business   Bankruptcy   Aviation Business, Bankruptcy
World Aviation Business, Bankruptcy Timeline Saturday, March 20 Bookmark and Share     Author
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Delta, Northwest file for bankruptcy
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Sterling Airlines files for bankruptcy
Japan Airlines to file for bankruptcy
Jan.18   Japan
  Japan Airlines (JAL), - which has $16.5bn (£10bn) of debts - Asia's biggest air carrier, is due to file for bankruptcy protection

year 2008 Top ^

Oct.29   Denmark
  Danish-based low-cost carrier stops all passenger flights after its cash-strapped Icelandic investors were unable keep the company afloat

year 2005 Top ^

Sep.15   USA
  Planes will keep flying and frequent-flier miles will still be usable
Mar.11   Canada Airline strands hundreds  The discount airline Jetsgo ceased operations and would seek court protection from its creditors

year 2003 Top ^

Apr.25   USA American Airlines saved from the brink
  Airline had reached a last-minute deal with the Association of Professional Flight Attendants
Apr.16   New York American Airlines staff back survival plan  Flight attendants of the beleaguered airline have voted in favour of accepting a pay cut to help it stave off bankruptcy

year 2002 Top ^

Dec.9   New York United flies into bankruptcy
  United Airlines filed for the largest bankruptcy in airline history, succumbing to continued losses and debt payments
Dec.5   USA United Airlines faces bankruptcy  Federal government threw out request for loan guarantees Aug.14   USA United Airlines warns of bankruptcy  The second-ranking US carrier, has warned it may follow rival US Airways in filing for bankruptcy protection

year 2001 Top ^

  Belgium Sabena successor set up  New airline will be formed from Sabena's subsidiary Delta Air Transport

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