MarkAir Throws In The Towel, Files For Chapter 7 As Lessors Repossess Aircraft
MarkAir, facing more aircraft repossession, filed for Chapter 7 liquidation late Tuesday as its unsecured creditors committee scrambled to stop the liquidation and retain a proposal to sell the airline to B&T Flyer Holdings. The bankruptcy court in Anchorage was scheduled to hold a hearing late...
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