The Florida-based company said that it reached an agreement with its creditors to restructure the company that will optimize its network of flights, among other changes.

Of the dozens of smaller and mid-range airlines that filed for bankruptcy over the last year, one of the most high-profile ...

The ultralow-cost carrier said it has reached an agreement in principle with existing bondholders to provide the financial ...

Brazilian carrier Azul has emerged from Chapter 11 bankruptcy protection after nine months, having shed $3 billion in ...

The agreement is a signal the beleaguered carrier is preparing to emerge from its second Chapter 11 process in the past 15 months.

Axip Energy Services, along with its six affiliates, has filed for voluntary petitions seeking relief under Chapter 11 of the ...

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has emerged from Chapter 11 bankruptcy proceedings in the United States after its court-approved plan of reorganisation became effective.

Spirit aims to exit bankruptcy by early summer with $2.1 billion in debt. The airline plans a smaller fleet, lower costs and ...

The company said the move stems from a wrongful death lawsuit that awarded the family of a 6-year-old girl more than $200 million.

U.S. Bankruptcy Court Judge Christopher Lopez approved Dallas-based Steward Health Care’s Joint Chapter 11 Plan of Liquidation on July 25, allowing the financially troubled system to distribute ...

Eddie Bauer LLC has filed for Chapter 11 bankruptcy protection in New Jersey after reaching a restructuring agreement with ...