Gulfstream International Group, parent of the airline, filed for protection under Chapter 11 of the US Bankruptcy Code Nov. 4. The small Ft. Lauderdale-based turboprop operator said it intends to continue operating as it works to restructure its debt and secure long-term financing. It has arranged $5 million in debtor-in-possession financing from Victory Park Capital Advisors. "We are operating our full schedule of flights and honoring tickets and reservations," said ...

Subscribe to Access this Entire Article

"Gulfstream International seeks bankruptcy protection " 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?

Already registered? here.