In the heyday of PEOPLExpress in the mid-1980s, the airline counted Pittsburgh as one of 18 cities along the East Coast that it served with its discounts and no-frills service.PEOPLExpress linked Pittsburgh with its home base in Newark, N.J., where it was headquartered until it was absorbed into Continental Airlines in 1987. Now, a startup …
Hungarian flag-carrier Malev announced on Friday that it had stopped operating because its liquidity situation has become unsustainable and all its flights had been grounded as of 0500 GMT on Friday. The airline had been placed under extraordinary protection from creditors and a receiver was appointed earlier this week. Malev said its suppliers had lost …
Republic Airways Holdings Inc. has heard from potential buyers for Frontier Airlines and is close to naming an adviser on whether the unit will be sold or spun off to shareholders, Chief Executive Officer Bryan Bedford said.The company will select Evercore Partners Inc., Barclays Plc or Seabury Group LLC for the advisory role, Bedford said …
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