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Search results for “bankruptcy”
Extended Stay Raises $565 Million in Its IPO, Starts Trading Tomorrow
11/15/2013
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10:02:22 AM
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Extended Stay America Inc., the largest owner of mid-price long-stay hotels in the U.S., raised $565 million in a initial public offering, almost tripling the return on paper for its private-equity and hedge fund owners.
United, American and Delta Executives Agree: Airline Mergers Are ‘Beautiful’
08/09/2013
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8:43:39 AM
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Executives from American Airlines, United Airlines, Delta Air Lines and Virgin Atlantic discussed mergers between airlines at the GBTA conference in San Diego.
BA's Walsh pledges to avoid bankruptcy, threatens OpenSkies shutdown
06/12/2009
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6:42:04 PM
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British Airways CEO Willie Walsh is persisting with his message that "our business is under threat," and while promising that he "intends to do everything possible to ensure we don't become the next [General Motors]," which filed for bankruptcy protection last week, he reiterated that "in order to survive we all need to take long-term action, and do it quickly."
ERA predicts 2008 will see 35 more airline bankruptcies
10/15/2008
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8:56:00 AM
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Tuesday, October 14, 2008: With the aviation industry already seeing some 35 airlines gone belly-up this year, the European Regional Airlines (ERA) association sees this figure doubling by year’s end.
Airline Industry Sees Pain Extending Beyond the Recession
08/20/2009
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9:31:31 AM
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The recession may have bottomed out, but big U.S. airlines worry that things will never return to the way they were. They may be correct.
Air China cuts international capacity but plans no deferrals.
06/16/2009
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10:55:19 AM
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Air China is cutting its international capacity owing to the market downturn but will not go so far as to defer any aircraft deliveries this year, MD Lou Yongfeng told ATWOnline at this week's IATA annual general meeting in Kuala Lumpur.
What Will Online Travel Look Like In 2013?
02/06/2009
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8:47:00 PM
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Four years ago, booking online was already the cheapest way to organise travel. But what will the world of online travel look like in 2013?
Downsizing sees US carriers report healthier load factors
01/12/2009
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10:32:00 AM
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Friday, January 09, 2009: Despite lower traveller numbers, massive cuts in capacity have seen major US carriers report healthier load factors for the peak month of December, statistics show.
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