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Independence Air filed for Chapter 11

New York, USA - The "Wall Street Journal" reported it

"The most difficult environment in airline industry history, characterized by high fuel prices and extreme revenue weakness" said Kerry Skeen, CEO of FLYi, the company owning the US low-cost carrier Independence Air. The "Wall Street Journal", according to airline spokesperson, Rick Delisi, wrote that FLYi had filed petitions for Independence Air’s reorganization under Chapter 11, or rather the receivership. D...

AVIONEWS - World Aeronautical Press Agency - 130682

AVIONEWS - World Aeronautical Press Agency
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