Airline bankruptcies in the United States
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Airline bankruptcies in the United States
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A number of major airlines have declared bankruptcy and have either ceased operations, or reorganized under bankruptcy protection. Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well.
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Contents
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Timeline
This is a timeline of airlines who have filed for bankruptcy protection. Also see list of defunct airlines for a list of airlines which are no longer operating.
U.S. airlines bankruptcy filings
Chapter 7
This is a list of airlines that have filed for bankruptcy protection via Chapter 7 in the United States.[1]
| Airline | Date Bankruptcy filed | Notes |
|---|---|---|
| National Florida | December 2, 1980 |
Chapter 11
This is a list of airlines that have filed for bankruptcy protection via Chapter 11 in the United States.[2]
| Airline | Date Bankruptcy filed | Date Exited Bankruptcy | Notes |
|---|---|---|---|
| New York Airways | 1979-05-18 | Ceased operations (see wiki page) | |
| Aeroamerica | 1979-11-19 | Ceased operations (see wiki page) | |
| Florida Airlines | 1980-01-24 | Death by deregulation (see wiki page) | |
| Indiana Airlines | 1980-03-03 | ||
| Air Bahia | 1980-12-15 | ||
| Tejas Airlines | 1980-12-31 | ||
| Mountain West Airlines-Idaho | 1981-03-06 | Ceased operations | |
| LANICA | 1981-03-16 | ||
| Coral Air | 1981-07-13 | ||
| Pacific Coast | 1981-09-11 | ||
| Swift Air Line | 1981-09-18 | ||
| Golden Gate (Airline) | 1981-10-09 | ||
| Pinehurst Airlines | 1982-01-26 | ||
| Silver State Airlines | 1982-03-03 | ||
| Air Pennsylvania | 1982-03-26 | ||
| Air South | 1982-04-02 | ||
| Cochise Airlines | 1982-04-16 | ||
| Braniff International | 1982-05-13 | ||
| Astec Air East | 1982-07-08 | ||
| Will's Air | 1982-08-19 | ||
| Aero Sun International | 1982-10-15 | ||
| Aero Virgin Islands | 1982-10-19 | ||
| Altair Airlines | 1982-11-09 | ||
| Eastern Airlines | 1989-03-09 | ||
| Partnair | 1989-10-01 | ||
| Pan American World Airways | 1991-01-08 | ||
| Trans World Airlines | 2001-01-10 | Filed as part of an acquisition by American Airlines | |
| US Airways | 2002-08-11 | 2003-03-31 | |
| United Airlines | 2002-12-09 | 2006-02-01 | |
| Air Canada | 2003-04-01 | 2004-09-30 | |
| Flash Airlines | 2004-03-01 | ||
| US Airways | 2004-09-12 | 2005-09-27 | Second filing, emerges in conjunction with its acquisition by America West |
| Aloha Airlines | 2004-12-30 | 2006-02-17 | |
| Northwest Airlines | 2005-09-14 | 2007-05-31 | Acquired by Delta in 2008 |
| Delta Air Lines | 2005-09-14 | 2007-04-30 | Filed, putting 4 of the top 7 carriers in the United States under bankruptcy protection |
| Maxjet Airways | 2007-12-26 | Filed and discontinues operations | |
| Aloha Airlines | 2008-03-31 | Filed and discontinues passenger transporting operations | |
| ATA Airlines | 2008-04-03 | Filed and discontinues operations | |
| Skybus Airlines | 2008-04-05 | Filed and discontinues operations | |
| Frontier Airlines | 2008-04-10 | 2009-10-01 | |
| Eos Airlines | 2008-04-26 | Filed and discontinues operations | |
| Sun Country Airlines | 2008-10-06 | Filed | |
| Primaris Airlines | 2008-10-15 | Filed and discontinues operations | |
| Arrow Air | 2010-07-01 | Filed, discontinued, and undergoing liquidation | |
| Mexicana | 2010-08-28 | Filed and suspends operations | |
| American Airlines | 2011-11-29 | Filed and continues operations - Includes AMR parent company, Current CEO steps down |
References
- ^ "List of Airline Bankruptcies Since Deregulation". Associated Press. Nov. 29th, 2011. http://www.boston.com/business/articles/2011/11/29/american_joins_long_list_of_airline_bankruptcies/. Retrieved 23 May 2012.
- ^ "List of Airline Bankruptcies Since Deregulation". Associated Press. Nov. 29th, 2011. http://www.boston.com/business/articles/2011/11/29/american_joins_long_list_of_airline_bankruptcies/. Retrieved 23 May 2012.
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