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Futura seeks bankruptcy protection

Palma, Mallorca-based Futura International Airways suspended flights yesterday for 24 hr. as it sought bankruptcy protection, the Spanish Infrastructure Ministry confirmed, but the carrier intended to restart operations today. The ministry said it asked Futura to present information on its financial situation, a plan for reorganization and guarantees on the security of its flight operations by Friday in order to determine whether it could retain its operating license. The Spanish CAA will ...

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