Budget airline that filed for Chapter 11 gets surprising buyer

TheStreetTuesday, October 21, 2025 at 2:17:00 PM
Budget airline that filed for Chapter 11 gets surprising buyer
A budget airline that recently filed for Chapter 11 has found an unexpected buyer, which is a promising development for the struggling aviation sector in Australia. Given the country's vast territory and limited population, launching low-cost airlines has always been a challenge. This acquisition could signal a new opportunity for growth and competition in the market, potentially benefiting travelers with more affordable options.
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