Independence unlikely to survive without new investment
Independence Air parent FLYi, which filed for bankruptcy Monday ( ATWOnline, Nov. 8), has little chance of surviving without new investors, Standard & Poor's said yesterday as it cut its corporate rating on the company from CC to D. Noting that the carrier has just $24 million in cash and entered...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
