SAAB340
Posts: 311
Joined: Thu Sep 13, 2001 5:51 am

Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 10:36 am

Hello
I have been following the UAL situation very closely and was wondering which if any airlines have come out of chap 11 and are still operating today? Thanks for your time!
Paul
 
josseposse
Posts: 49
Joined: Mon Jan 06, 2003 6:25 am

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 10:40 am

If I'm not wrong: Aerolineas Argentinas, only a couple of weeks ago!

Cheers
 
User avatar
clickhappy
Posts: 9042
Joined: Thu Sep 13, 2001 12:10 pm

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 10:44 am

Well, Continental (twice!) and Kitty Hawk come to mind.
 
FlagshipAZ
Posts: 3192
Joined: Sun Jan 28, 2001 12:40 am

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 10:52 am

America West & Continental comes to mind. I'm sure there are others as well. Regards.
"Beer is living proof that God loves us and wants us to be happy." --Ben Franklin
 
User avatar
HA_DC9
Posts: 563
Joined: Thu Jul 15, 1999 3:16 pm

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 12:10 pm

Hawaiian was in Ch 11 in the mid 90's but not anymore.  Smile
 
ContinentalEWR
Posts: 3619
Joined: Wed May 24, 2000 2:50 am

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 1:21 pm

Continental and America West are the only two major US airlines that have filed for Chapter 11 and still fly (Hawaiian, too I think). Other US airlines that have not fared so well include TWA, Pan Am, and Eastern Airlines.
 
cloudy
Posts: 1613
Joined: Sat Apr 06, 2002 3:23 pm

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 1:25 pm

There is one which filed but most of the employees and routes are still there - that would be TWA. They technically fell into chapter 7 (liquidation) and American bought out the assets.

Are there any other examples of this? Probably are a few...
 
HlywdCatft
Posts: 5232
Joined: Mon Jan 29, 2001 6:21 am

RE: Current Airlines That Have Recoverd From Chap 11

Fri Jan 10, 2003 1:34 pm

Didn't Northwest in the early 90s? Or were they just close?
 
SAAB340
Posts: 311
Joined: Thu Sep 13, 2001 5:51 am

RE: Current Airlines That Have Recoverd From Chap 11

Sat Jan 11, 2003 11:52 am

Thanks all for your knowledge! I also to thought that Connential was one. Thanks again!
Paul
 
searpqx
Posts: 4173
Joined: Thu Jun 29, 2000 10:36 am

RE: Current Airlines That Have Recoverd From Chap 11

Sat Jan 11, 2003 11:58 am

Northwest came within hours of filing but never actually had to, thanks to concessions from its employees.
"The two most common elements in the universe are Hydrogen and stupidity"
 
B747-437B
Posts: 8777
Joined: Thu May 30, 2002 6:54 am

RE: Current Airlines That Have Recoverd From Chap 11

Sat Jan 11, 2003 12:08 pm

There is one which filed but most of the employees and routes are still there - that would be TWA. They technically fell into chapter 7 (liquidation) and American bought out the assets.

No. TWA never filed chapter 7. Their asset sale was conducted as part of a pre-packaged chapter 11 filing where AA purchased "substantially all assets".
"The A340-300 may boast a long range, but the A340 is underpowered" -- Robert Milton, CEO - Air Canada

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos