bankruptcy

Bahrain’s Airline Instability Grounds Staff Credit Cards

Bahrain’s national flag carrier, Gulf Air, has been in financial trouble for years, while its much smaller national counterpart Bahrain Air has been struggling since it launched in February 2008.  Both airlines struggle against larger, more powerful, mainline airlines and low cost carriers, battling with the Bahraini Government for bail outs, despite Gulf Air pledging…

American Airlines – Part II – Save The Planet & Save Money

(For Disclosure: American Airlines Granted Me Access To The Flights & Facilities Of My Choosing Beyond What ‘The General Public’ Would Be Allowed Or Offered. AA & Its Parent Company AMR Have No Input Into What I Am Writing)   When an airline is in financial crisis and in bankruptcy the shift of views on…

A US Airways & American Airlines Tie Up … revisited

Following the mergers of Northwest Airlines and Delta Air Lines followed by Continental Airlines and United Airlines talk of further airline consolidation was rampant. Discussions of ‘the next’ merger was frequently fueled by US Airways’ CEO Doug Parker, with the logical tie up being a US Airways and American Airlines merger.   Now, as American…

Oh No American Airlines Is Bankrupt & I Have Tickets!

Businesses going bankrupt immediately conjure up images of windows being boarded up, assets being sold at auction and phone lines going dead … but that is not the case with American Airlines following its parent company AMR filing for Chapter 11 Bankruptcy protection this morning in US Bankruptcy Court in the Southern District of New…

American Airlines Files Bankruptcy…is anyone surprised?

American Airlines was founded in 1934 and has long been America’s premier flagship airline. … or so Page 3, Section I, item 5 says in AMR’s bankruptcy filing that was submitted to U.S. Bankruptcy Court, in the Southern District of New York this morning.   In fact American Airlines was founded in 1930 as American…