Menu
Share
 
Switch to Desktop Site

Air Florida seeking merger

About these ads

Air Florida, grounded by heavy debts, is negotiating with Northeastern International Airlines on a proposal to merge the two carriers, an Air Florida official has testified in federal bankruptcy court.

Jon R. K. Tinkle, Air Florida's chairman and chief executive officer, said a merger plan may be ready later this week, the Associated Press reports. The Miami-based airline filed for bankruptcy July 3 and has been seeking to resume business. Northeastern, based in Fort Lauderdale, serves 16 domestic routes on the Eastern Seaboard.


Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.

Loading...