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The Global Insight

When did airlines have to file for bankruptcy?

Author

Mia Phillips

Updated on February 20, 2026

Terms of the Railway Labor Act, amended in 1936 to cover airlines, prevent most labor union work actions before, during and after an airline bankruptcy. This is a timeline of airlines who have filed for bankruptcy protection. Also see list of defunct airlines for a list of airlines which are no longer operating.

When did American Airlines go out of business?

American Airlines: November 29, 2011 December 8, 2013 Emerged from bankruptcy as American Airlines Group; includes parent company AMR Corporation and subsidiary American Eagle Airlines: Ryan International Airlines: March 6, 2012 Ceased operations Pinnacle Airlines: April 2, 2012

Who is the parent company of American Airlines?

Emerged from bankruptcy as American Airlines Group; includes parent company AMR Corporation and subsidiary American Eagle Airlines Ryan International Airlines 2012-03-06 M

When did Sun Country Airlines go out of business?

April 10, 2008 October 1, 2009 Eos Airlines: August 26, 2008 Ceased operations Sun Country Airlines: October 6, 2008 February 23, 2011 Second bankruptcy Primaris Airlines: October 15, 2008 Ceased operations Mesa Airlines: January 5, 2010 March 11, 2011 Arrow Air

What to do when your airline goes bankrupt?

When WOW Air went bankrupt in 2019 and their flights got cancelled, the airline offered to rebook with other airlines offering lower rates referred to as “rescue fares”. However, you may get a refund if you booked your flight with a credit card. Or if you have a travel insurance covering bankruptcies.

Why are so many airlines going out of business?

Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well.

Why did South African Airways go into bankruptcy?

The problems of South African Airways (SAA) had been long time in the making, but Covid-19 has been the final straw. A government funded recapitalization of South African Airways had been the focus of political debate for already quite a few months, but it is not to be. South African Airways was one of the largest airlines in Africa.