The phrase "airline bankruptcies" refers to situations when airline companies are unable to pay their debts and are forced to declare bankruptcy, which means they are financially unable to continue operating their services. Full definition
Advisers on the American Airlines bankruptcy case are set to earn over $ 371.7 m (# 218.3 m) in fees and $ 16.3 m (# 9.6 m) in expenses, with lead legal counsel Weil Gotshal & Manges billing the highest amount. (legalweek.com)
There has been a string of airline bankruptcies recently, causing many travelers to shop for travel insurance. (travelinsurancereview.net)
Rovinescu said the industry as a whole isn't fully rewarded because past airline bankruptcies on both sides of border made such investments risky. (canadianbusiness.com)