bankruptcy protection

Home » AIRLINE NEWS » Brazil’s Largest Airline Launches Strategic Financial Overhaul via U.S. Bankruptcy Filing to Combat Pandemic Fallout and Market Pressures Wednesday, May 28, 2025Brazil’s largest airline by number of flights and destinations has formally filed for bankruptcy protection in the United States, marking a significant step toward restructuring its financial obligations that have...

Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to "ensure the long-term viability" of the casual dining brand after closing many of its branches this year.The Dallas-based company's Chapter 11 filing in a Texas federal court accelerates a gradual decline for...