Advantage Rent A Car files for bankruptcy protection
It’s now just not airlines and tour operators. Advantage Rent A Car, one of the larger discount companies, just filed for Chapter 11 bankruptcy, and is closing two-thirds of its airport locations.
Alitalia is within hours of flying into history
By the time you read this, Alitalia may be gone. Italy’s deeply troubled airline was on the verge of liquidation this morning, according to reports. Will anyone miss it? Probably not.