A number of regional airlines have filed for Chapter 11 bankruptcy protection in 2025. Charter airline Kachina Air filed Chapter 11 bankruptcy on October 24. Fuel and aviation costs have been blamed.

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Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million. Achieving its reduction through a debt-to-equity swap, the ULCC also received a ...

Seaplane charter operator Tailwind Air has filed for Chapter 11 bankruptcy in Virginia. Tailwind Air Service, LLC reported assets of $0-to-$100,000 and liabilities of $1 million to $5 million in its ...

Dec 28 (Reuters) - Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for Chapter 11 bankruptcy protection ...