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LEGEND AIRLINES TO GO BANKRUPT

USA, U.S. Legend Airlines, which launched its maiden flight last April, has filed for bankruptcy protection from creditors. T. Allan McArtor, Legend's president and chief executive officer, said in a statement that the company is talking to venture-capital firms, other airlines and individual investors in order to resume flying by the end of the year. McArtor added he he has not ruled out selling the...

AVIONEWS - World Aeronautical Press Agency - 4737

AVIONEWS - World Aeronautical Press Agency
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