Southern Sky Air & Tours, of Myrtle Beach, S.C., parent company of Direct Air, has filed for Chapter 11 protection from creditors in Massachusetts. All Direct Air flights had already been cancelled last week.
The company listed debt of $10 million to $50 million, with just $500,000 to $1 million in assets.
Related posts
SUSPECT FAULT LEADS LUFTHANSA TO CANCEL A380 TOKYO FLIGHT
By
Dino D'Amore
16th November 2010