A abrupt hose shutdown oregon bankruptcy tin nonstop reverberations that successful immoderate cases past for months oregon adjacent years.
After UK-based determination airlines Eastern Airways and Blue Channels some collapsed wrong a fewer weeks of each different successful the autumn of 2025, a assemblage successful Cornwall with near without formation entree and had to usage larger planes that ran mostly bare to not disrupt travel.
When Icelandic institution Play Airlines fell successful an abrupt bankruptcy, section circuit relation Tango Travel besides had to unopen down successful a domino effect arsenic galore of the circuit packages it sold relied connected flights from the now-defunct airline.
Based retired of Westchester County (HPN) and Sikorsky Memorial (BDR) to link aggregate regions successful the Northeast with Manhattan, Tailwind Air launched successful 2014 but began successful operations successful 2019 aft receiving the indispensable operating licenses. After struggling to crook a profit, it ended up canceling each commercialized flights and transitioned to being a charter-only hose successful 2024.
At the time, the hose named deficiency of request and struggling to crook a nett for shutting down operations. As archetypal reported by the BankruptcyObserver watchdog, Tailwind Air has present filed for Chapter 11 extortion successful the Eastern District of Virginia bankruptcy tribunal on January 15, 2026.
Related: Global hose cancels each flights successful Chapter 7 liquidation plan
Plans to tally charter flights besides failed to materialize and the bearer mislaid its AOC operating licence successful January 2025.
The filing reports institution assets of little than $100,000 and liabilities of betwixt $1 and $10 cardinal owed to betwixt 50 and 99 creditors. Kevin M. O'Donnell of Henry & O'Donnell instrumentality steadfast is representing Tailwind Air successful the bankruptcy proceedings.
The hose has not released a connection connected the bankruptcy proceedings. In 2025, main enforcement Alan Ram said that the hose had been actively looking for investors and partners to restart imaginable seaplane operations from Boston. The hose had an extended seaplane fleet of Cessna 208 Caravan, SOCATA TBM and Dassault Falcon 900 craft among others.
Each level had less than 60 seats portion one-way prices ranged from betwixt $400 and $800 per ticket.
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