Articles tagged “bankruptcy”

You can expect that some of Frontdesk's rivals will move in to buy some of its remains.

While it's business as usual for EbixCash, it remains to seen if this will further delay the company's IPO launch.

SpiceJet's bid to acquire GoFirst signals a strategic move to strengthen its market position. However, the carrier's own operational and financial hurdles may pose integration challenges.

Brazil is a huge market, as are airline tickets, for Despegar. A rival with an alleged Ponzi scheme for selling airline tickets wasn't really fair competition.

As a Booking.com survey shows, the travel industry has far to go before it can truly claim inclusivity and a travel economy that values LGBTQ+ travelers.

While a surge in air traffic in the world’s third-largest aviation market led to record jet orders, Go First's bankruptcy made lessors apprehensive about India.

The decision may save Go First. But it's aggravating for foreign partners who have leased aircraft to the carrier. Plus, more news from our daily roundup.

GoFirst's bankruptcy filing is not unexpected given the airline's ongoing financial struggles. However, the real question is whether the airline can recover from this situation, especially as the country is still awaiting the resurrection of Jet Airways.

Sometimes, bankruptcy is just what the doctor ordered. Thai Airways, Thailand’s largest airline, just stunned the aviation world with a striking 21 percent operating margin for the October-to-December quarter.

With the threat of bankruptcy gone, Brazil's Azul has a lot to look forward to.