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There is no single reason but a combination of events and reasons that led up to it. They expanded heavily and quickly in the wake of the dot.com boom and this was quickly followed by Sept 11th 2001 with 2 of their planes being involved. They had already had extensive labor disputes and given staff and pilots in particular a huge pay rise. After that fuel costs began to sky-rocket. This combination of factors along with constantly increasing competition from the likes of Southwest led to it seeking Chapter 11 bankruptcy protection.
What else can I help you with?
What airline merged with American Airlines?
UNITED. Since American Airlines went bankrupt, they merged with UNITED to get the money back. Although American Airlines went bankrupt and merged, They will stay in business.
Why do you want work for united airlines?
Dont! They are ****** bankrupt
Who will be taking over for Aloha Airlines?
Nobody...aloha airlines is bankrupt, there will be no aloha airlines anymore...too bad.
When did Delta Airlines go bankrupt?
In the first bankruptcy in the airlines history, the official date was September 14th 2005 in Chapter 11. It emerged from this on April 30th 2007.
Why are these airlines now going bankrupt?
economic drop
When did Radioshack go bankrupt?
The company was "essentially bankrupt" in the 1960's, but has never officially filed for bankruptcy with the United States Government.
How many airlines have gone bankrupt because of Sabre?
Many
Is zoom airlines a good airline?
Zoom is now bankrupt.
How do you go to Marshall island from Manila?
United Airlines
What airlines are affiliated with United Airlines?
what airlines is United affiliated with
Is Ted Airlines a branch of United Airlines?
Yes, Ted airlines is part of United airlines but it's a smaller branch of United airlines.
Does South West Airlines go to Venezuela?
Southwest Airlines does not fly anywhere outside of the United States
