Bankruptcy

Company sees opportunity to grow its fleet and strengthen its presence in key markets.

Carrier opts for Chapter 7 status, which will begin the liquidation process.

The company has been the largest and most successful in its segment.

The kit manufacturer has been struggling to recover from supply chain and quality control issues.

Short-term capital infusion is expected to help cash-strapped, on-demand private aviation firm avoid bankruptcy.

Restructuring plan designed to reduce debt load by $450M.

The satellite launch company’s operations were hurt by a failed launch earlier this year.

The aviation pioneer joined Travel Air, but soon struck out on his own again.

The company struggled to make money in the wake of the slumping helicopter market and the pandemic.