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AIRLINE NEWS



Saturday, May 10, 2008
 

EuroManx goes into receivership


A Manx-based airline has gone into receivership following a rise in fuel prices and a fall in passenger numbers.

EuroManx, which was set up in 2002, claims a number of factors have proved to be "insurmountable obstacles" and as such, the firm has stopped all flights.

news.bbc.co.uk

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Wednesday, September 19, 2007
 

Philippine Airlines to exit receivership in October


Philippine Airlines will come out of receivership in October, the national carrier said Monday, ahead of schedule and amid an improved financial position.

afp.google.com

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