Passengers stranded when a bankrupt airline cancels flights are entitled to fly standby on other carriers for no more than $25 each way, the U.S. Department of Transportation has ruled. The Aug. 8 notice was issued after the department received complaints about the treatment of passengers stranded when Vanguard Airlines filed for Chapter 11 bankruptcy protection and stopped flying July 30.
Sponsored Results
Vanguard AirlinesYour Official Website For Air. Compare Deals For Vanguard Airlines.www.Airlines.Kayak.com
With little hope for returning to the air, ailing discount carrier Vanguard Airlines Inc.'s decision to reorganize rather than sell everything off has left a nagging question: Why? After all, the company, which bled money year after year, failed to get the funding it needed in nearly a year of begging the government and private lenders for help.
Vanguard Airlines Inc. filed for Chapter 11 bankruptcy amid a liquidity crunch that forced the low-cost airline to shut down operations and fire about 1,000 employees.
AIRLINES * A group headed by the owner of the Hooters restaurant chain offered to buy some of the assets of Vanguard Airlines Inc. Hooters Air, led by Hooters of America Inc.
An airline that offered free tickets to anyone who showed up at a stadium parking lot with a case of food for the poor was overwhelmed by generosity Friday.
Passengers stranded when a bankrupt airline cancels flights are entitled to fly standby on other carriers for no more than $25 each way, the U.S. Department of Transportation has ruled.
With little hope for returning to the air, ailing discount carrier Vanguard Airlines Inc.'s decision to reorganize rather than sell everything off has left a nagging question: Why? After all, the company, which bled money year after year, failed to get the funding it needed in nearly a year of begging the government and private lenders for help.
Vanguard Airlines Inc. filed for Chapter 11 bankruptcy amid a liquidity crunch that forced the low-cost airline to shut down operations and fire about 1,000 employees.
An airline that offered free tickets to anyone who showed up at a stadium parking lot with a case of food for the poor was overwhelmed by generosity Friday.
It may be a banner year for the major airlines, but two start-up carriers that serve California--Western Pacific and Vanguard--are grappling with heavy turbulence.