Global Aviation Holdings, owner of charter carriers World Airways and North American Airlines, filed for Chapter 11 bankruptcy protection Sunday evening. Global says operations will continue without interruption.
Singapore budget airline Tiger Airways has bought a 33 percent stake in grounded Indonesian carrier Mandala Airlines, the companies announced on Monday.
KLM Royal Dutch Airlines CEO Peter Hartman says the airline will not give up its brand to merge with Air France and indicates Alitalia may soon join Air France-KLM.