Kitty Hawk, the Dallas/Fort Worth-based air cargo operator that specialized in expedited delivery of time-sensitive heavyweight cargo in the US, said yesterday that it "will immediately cease all scheduled network air and ground operations" owing to declining demand and rising fuel costs. The carrier, which was attempting to restructure via Chapter 11 (ATWOnline, Oct. 16), laid off 500 workers yesterday. It said it will continue operating air cargo charter services, which previously had been ...
Subscribe to Access this Entire Article
"Bankrupt Kitty Hawk halts scheduled services, fires 500 employees" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
