FLYi files for Chapter 11, says 'sun will come up tomorrow'

Sixteen months after FLYi declared its independence and began operations with a fleet of 50-seat RJs, the low-fare carrier Monday filed for Chapter 11 bankruptcy protection. The company said it will maintain operations as it seeks outside investors, attempts to restructure aircraft leases and...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.