Three major airlines declare bankruptcy in September including a company saddled with debt up to $1billion ...Middle East

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Three major airlines declare bankruptcy in September including a company saddled with debt up to $1billion
source : The U.S. Sun ( Middle East ) () 31
THREE major airlines have faced bankruptcy deadlines in the past month following years of turbulence in the travel industry. Western Global, iAero, and SAS had major deadlines in their bankruptcy proceedings in September. GettyThree airlines have declared bankruptcy and had major deadlines in September[/caption] All three airlines reported losing hundreds of millions of dollars while operating through the pandemic. Airlines generally struggled through 2020 and 2021 as pandemic lockdowns, lower travel rates, and worker shortages created headwinds throughout the industry. Some companies faced struggles in 2022 with increasingly inclement weather – particularly Southwest Air

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