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Wednesday, April 23, 2025

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Airline Bankruptcy

<p>South American airline Avianca Holdings SA — the world’s second oldest airline — <a href="http://www.courthousenews.com/wp-content/uploads/2020/05/airlinebankruptcy.pdf"><strong>filed</strong></a> for Chapter 11 bankruptcy in federal court in New York Sunday. The company had more than $7 billion in debts in 2019. </p>

MANHATTAN — South American airline Avianca Holdings SA — the world’s second oldest airline — filed for Chapter 11 bankruptcy in federal court on Sunday. The company had more than $7 billion in debts in 2019.

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