( January 2024 ) Southwest Airlines is the world's largest low-cost carrier. Ryanair and Wizz Air airplanes at Glasgow Prestwick Airport. The airlines are two competing low-cost carriers in...
Avianca Group International Ltd. is emerging from bankruptcy with plans to compete with low-cost carriers on price while keeping parts of the business that made it Latin America’s second-largest ai...
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Gym chain Blink Fitness filed for bankruptcy protection, becoming the latest chain to succumb to stiff competition and higher costs.
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3bn © FT montage/Alamy A record number of large healthcare companies filed for bankruptcy in... But in the pandemic you had low interest rates, lender concessions, government funding for...
Low-cost carrier Skybus Airlines said Friday that it was ceasing operations on Saturday, calling itself a victim of rising jet fuel costs and a slowing economic environment.
The parent company of low-cost Megabus declared bankruptcy this week, leaving many of its most faithful riders to worry about their future travel plans. “It’s...
Shearing cited “the cost of debt servicing” and “the rollback... low in most large economies. “We are not saying that we are facing a tsunami of insolvencies,” he said. Bankruptcy...