Judge Approves MyTravel Survival Plan
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A High Court judge on Wednesday approved a debt-for-equity survival plan developed by MyTravel, clearing the way for the troubled travel company to present the proposal to shareholders and creditors next month.
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NEW DELHI: When you pack your bags for a holiday in London or Paris next summer, donât be surprised if your travel agent asks you if a Jet Airways or an Air Sahara flight would be convenient.
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NEW YORK, Aug 18  - Insurer St. Paul Travelers Companies (STA.N: Quote, Profile, Research) on Wednesday said a bankruptcy court approved a $502.5 million asbestos settlement for all pending asbestos court actions against its Travelers Property ...
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A pilot test of a program to expedite passenger screening and increase airline security has been successful enough to be worth continuing for the foreseeable future at five airports, Transportation Security Administration officials said.
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ALEXANDRIA, Va.  - A federal judge approved a deal  on Thursday between US Airways UAIRQ.OB and the government  that permits the bankrupt carrier access to its only source of  ready cash through the end of June.
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READY TO FLY: The airline plans to emerge from court shelter on Sept. 30 -- if the justices overseeing its restructuring gives the OK at a hearing set for Monday ...
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A judge accepts a reorganization plan, setting stage for the company to emerge from Chapter 11 protection in October.
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HICAGO, Aug. 20 - A federal bankruptcy court judge on Friday gave United Airlines another 30 days to come up with a restructuring plan, but he warned the airline and its warring unions to cooperate on a solution or he would consider ...
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A U.S. bankruptcy court judge on Friday approved a 30-day exclusivity extension for United Airlines, giving the carrier another month to file its own reorganization plan without competing plans from creditors.
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ALEXANDRIA, Va. - A bankruptcy judge gave US Airways Group Inc...
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A Canadian court approved Air Canada&#39;s (AC.TO: Quote, Profile, Research) plan of arrangement with its creditors on Monday, clearing the way for the world&#39;s 11th largest airline to emerge from bankruptcy protection at the end
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For package holiday-makers, the options are straightforward, in theory. Tour reps at hotels help contact families and organise flights home.
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Air Canada has been cleared for take-off. An Ontario court judge approved the battered airline&#39;s restructuring plan, and the company could emerge from bankruptcy protection as early as Sept.
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WASHINGTON - Airlines and airports would have to come up with plans to provide passengers stranded by long delays with food, water, and other basic amenities under a bill the House approved yesterday.
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Ruling seen as 'judicial endorsement' of attempts to stop B52 bombers.
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A Brazilian judge ruled Thursday that South America's Live Earth concert could go ahead as planned after organizers convinced her there would be adequate security at the Copacabana Beach event.
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BRUSSELS (SwissInfo) - The European Union's top justice official has proposed tougher anti-terror measures, including gathering data from airline passengers flying into the 27-nation union. But EU Justice Commissioner Franco Frattini said to avoid any "security loopholes" in the event of the measures coming into force in 2010, he would like non-EU member Switzerland and other Schengen states to agree to his plan. The most controversial of the Italian's plans - which would have to be approved by EU governments - calls for EU nations to adopt EU-wide airline security measures similar to those used by the United States, storing a long list of passenger data that would be retained for 13 years. Only those passengers flying into or out of the EU would be affected - those flying inside the EU would not. As Switzerland is not in the EU, passengers flying into and out of Switzerland would have their data collected.  Currently, only three EU states - Britain, Denmark and France - have rules to collect and use Passenger Name Record (PNR) data, but their national systems vary substantially.