Mexican no-frills airline Avolar obtained court protection to continue flying for up to three years, denying attempts by government regulators to ground it, according to Avolar's chief executive ...
Grounded Mexican carrier Avolar has obtained an order from a Tijuana regional court, where the carrier is based, temporarily suspending the Mexican transport department ruling to ground the airline ...
Manufacturers confirm struggling carrier has yet to delay or cancel business jet orders despite financial woes Business-jet manufacturers are braced for order deferrals or cancellations after United ...
CHICAGO -- United's parent company said it is revising its business plan for Avolar, the corporate jet subsidiary it created last year, after giving up on attempts to sell a majority stake in the ...
UAL Corp.'s recent decision to fold its Avolar subsidiary should not be interpreted as a sign that the fractional aircraft-ownership market is waning, according to business aviation officials and ...
UAL Corp. said Friday it is abandoning the search for outside investors for its fledgling business jet subsidiary and will discontinue support at the end of the month, warning that it could incur “a ...
CHICAGO, Mar. 8, 2002 å- UAL Corporation announced today that Avolar is pursuing a new business plan that will enable it to realize its value without additional investment from UAL or the involvement ...
Avolar, the business jet unit of United Airlines, said Wednesday that it intends to purchase as many as 57 additional small jets valued at more than $780 million to augment service it plans to launch ...