Entries tagged "Frontier"
Desperate for cash and battling ever-rising fuel prices, airlines have adopted the position that every bit of revenue helps. A number of airlines have raised fees in recent weeks, with American Airlines Inc. charging at least $15 per checked bag, Midwest Airlines joining the herd billing for a second bag and a number of other carriers raising fees attached to everything from using their call centers to sitting in an exit row. But no carrier has been as creative as bankrupt Frontier Airlines Holdings Inc., who last Friday upped a number of fees, including a $100 levy for carrying scuba...
Here are some of the latest bankruptcy stories our reporters have been covering Monday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Parmalat settles class action Italian dairy group Parmalat SpA has agreed to settle a fraud-related class action brought by former investors in a New York court by issuing shares valued at around $37 million. - Laura BoardFrontier Air jet sale OK'dA New York judge has approved the sale of four Frontier Airline Holding Inc. jets to a Russian transportation equipment lessor for $106 million. - Carolyn OkomoAloha may...
Here is Monday morning's wrap-up of the latest bankruptcy stories we have been covering on TheDeal.com: For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit our premium product, Bankruptcy Insider.Superior plunges into Ch. 11 After defaulting on its loans and being smacked with several class-action lawsuits, Superior Offshore International Inc. has taken a dive into bankruptcy. The provider of subsea construction and commercial diving services to the offshore oil and gas industry filed for Chapter 11. Although the company didn't state why it filed, it was facing at least two class-action lawsuits and was in...
Coming off a week that saw three U.S. airlines cease operations, it's only natural to ask "who's next?"...
