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Stock impact report

Another regional airline files for Chapter 11 bankruptcy [Yahoo! Finance]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Yahoo! Finance
shutting down operations within a few weeks of each other at the start of the fall. British carrier Eastern Airways followed a month later, when it abruptly canceled all flights on October 29. The situation left thousands of travelers stranded in different holiday destinations across Europe, as competing airlines like Condor and Ryanair stepped in with rescue fares. In the United States, charter airlines such as Verijet and Corporate Air also filed for Chapter 11 protection at the same time, while Alaska-based Kenai Aviation followed just a few weeks later with a total shutdown of operations in November. Texas airline company Total Air Services files for Chapter 11 protection The latest aviation company to file for Chapter 11 protection in the U.S. is Miami-based Total Air Services. Filing in U.S. Bankruptcy Court Western District of Texas El Paso, the airline is asking a bankruptcy court to grant it time to restructure its finances. El Paso lawyer Carlos A. Miranda is rep Show less Read more
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