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Stock impact report

Defunct airlines file Chapter 11 bankruptcy, seek sale [Yahoo! Finance]

AAR Corp. (AIR) 
Last aar corp. earnings: 3/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: aarcorp.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The smaller the airline, the harder it is to stay in business. Each time one of them fails, it eliminates an option for consumers in a shrinking market. One of the first airlines to file for bankruptcy in 2026 was charter seaplane airline Tailwind Air, which filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Virginia on Jan. 15, seeking to reorganize. The Falls Church, Va.-based airline, which launched in 2019, operated a seaplane service between New York, Boston, and Washington, D.C., but could not make the service profitable. The company transitioned to an on-demand charter service in 2024, but its Commuter Air Carrier Authorization was revoked in December 2024, and the company disposed of its entire jet fleet in 2025, according to AeroTime Another troubled airline owner, Float Alaska LLC, and six affiliates filed for Chapter 11 bankruptcy protection, seeking a sale of their assets, facing lawsuits, collection demands, attempts to perfe Show less Read more
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