Posts Tagged ‘bankruptcy’

Slovakia’s low-cost carrier SkyEurope Airlines goes bankrupt, stops all flights

Slovakia’s low-cost carrier SkyEurope Airlines goes bankrupt, stops all flights

Tuesday, September 1, 2009 18:53

SkyEurope Airlines, the budget airline based in Slovakia, has declared bankruptcy because of what it described as the “shortage of sufficient interim funding to finance ongoing operations.’

This was posted under category: Biz, Featured, Trouble  |  Read Full Story  |  0 Comments

Court approves sale of Eclipse Aviation’s assets to EclipseJet Aviation International

Wednesday, January 21, 2009 12:21

The sale of the assets of Eclipse Aviation, based in Albuquerque, New Mexico, the United States, to EclipseJet Aviation International Incorporated, has been approved by a US Bankruptcy Court.

This was posted under category: Aircraft, Trouble  |  Read Full Story  |  0 Comments

Eclipse Aviation, maker of very light jets, files for bankruptcy protection

Thursday, November 27, 2008 6:25

Eclipse Aviation Corporation, the company that pioneered the market for very light jets, has filed for bankruptcy protection after failing to produce its very light jets  (VLJs) at “unprecedented volumes” that would have enabled the company to price its jets lower than its competitors.

This was posted under category: Aircraft, Trouble  |  Read Full Story  |  1 Comment

Denmark-based Sterling Airlines declared bankrupt

Thursday, October 30, 2008 18:43

Yet another airline has gone under. Sterling Airlines A/S, the low-fare carrier based in Copenhagen, Denmark, has been declared bankrupt after its Icelandic owner, Palmi Haraldsson, was hard up for cash.

This was posted under category: Airlines, Trouble  |  Read Full Story  |  0 Comments
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