Tag Archives: bankruptcy

SAS Joins List of Airline Failures and Bankruptcies Since Pandemic’s Start

Skift Take The list of pandemic airline bankruptcies keeps growing even as travel bounces back [...]

06
Jul
Corp Travel Giant CWT’s Secret to Managing the Labor Shortage

Skift Take Travel management firms face challenges helping their customers deal with widespread travel disruption [...]

14
Jun
LATAM Airlines Asks for $2.75 Billion in New Loans to Exit Bankruptcy

Skift Take It sounds crazy, yes. Take on new debt to get yourself out of [...]

13
Jun
New Hertz CEO Will Be Ex-Goldman Sachs Finance Chief Stephen Scherr

Skift Take Hertz’s next CEO has his work cut out for him in remaking the [...]

04
Feb
CWT Emerges From Bankruptcy With $100 Million to Invest in Business Travel Tech

Skift Take A milestone in the agency’s transformation saga, which could see its new owners [...]

16
Nov
Corporate Travel Giant CWT to File for Chapter 11 Bankruptcy Protection

Skift Take The travel agency joins Hertz, Worldstrides and several airlines in taking this particular [...]

01
Oct
The Airline Failures and Bankruptcies So Far in the Pandemic

The bankruptcy filing Friday by Philippine Airlines is the latest aviation casualty of the pandemic. [...]

04
Sep
Philippine Airlines Enters Bankruptcy After Finances Crushed by Covid Crisis

Philippine Airlines said on Friday that it has filed for Chapter 11 bankruptcy in the [...]

04
Sep
Hertz Puts Bankruptcy Behind It With Transformational Plans

After shedding $5 billion of debt, car-rental firm Hertz has a chance to make the [...]

30
Jun
Italy’s Alitalia Replacement Won’t Be Ready Until After Summer Now

The state-owned Italian airline that will replace bankrupt Alitalia will only start flying in September [...]

22
May