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.
Rovinescu said the industry as a whole isn't fully rewarded because
past airline bankruptcies on both sides of border made such investments risky.
Her clients have included Deutsche Bundesbank, which had $ 12 billion in claims related to Lehman Brothers, and J.P. Morgan Securities in relation to the
Northwest Airlines bankruptcy.
Posts cover actions of the Federal Aviation Administration, commercial passenger airplane failures, and
airline bankruptcy filings.
Peter Lattman at The Wall Street Journal's Law Blog has a link to this post by University of Illinois law professor Larry Ribstein commenting on Kirkland & Ellis» nearly $ 100 million fee application in the
United Airlines Bankruptcy case.
Trip insurance covers costs associated
with airline bankruptcies, flight delays, airline cancellations, tour cancellations, lost luggage, and lost hotel reservations.
With the rapid increase
of airline bankruptcies and cancelled flights, many travelers are relying on travel insurance to protect their investment.
Nonetheless, when Pinnacle went bankrupt in 2012, a victim of what my CEO termed «a race to the bottom» among the regional carriers, labor became the focus of attention, just as it does in
all airline bankruptcies.
«I think there have been almost 100
airline bankruptcies.
So you've noticed that
an airline bankruptcy or default is not included in this list.