Troubled airline files Chapter 11 bankruptcy, seeks sale

TheStreetWednesday, October 1, 2025 at 2:06:25 AM
Troubled airline files Chapter 11 bankruptcy, seeks sale
A troubled charter airline has filed for Chapter 11 bankruptcy, aiming to sell its assets to lenders. This move highlights the ongoing challenges in the aviation industry, as companies grapple with financial instability. The sale could impact employees and customers, making it a significant event in the sector.
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