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Top Ch-Aviation News

BusinessHOLLYWOOD, Fla. (AP) — Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean. “Please do not go to the airport,” the Hollywood, Florida-based company posted on its website. The statement said Silver had sold its assets through the Chapter 11 bankruptcy proceeding to a hold…See the Story
Regional Carrier Silver Airways Says It’s Shutting Down Operations
65% Center coverage: 60 sources

BusinessStory by Reuters (Reuters) — Australia’s Qantas QAN.AX said on Wednesday it will close Jetstar Asia, the group’s Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers. The move will free A$500 million ($326.40 million) in capital for the flag carrier to invest in its fleet renewal plans. Qantas said that 13 Jetstar Asia Airbus A320 aircraft will be progres…See the Story
Qantas to Close Low-Cost Arm Jetstar Asia
38% Left coverage: 40 sources
AirAsia’s 100-Jet Paris Order Pits Airbus A220 Against Embraer
50% Right coverage: 4 sources