Indy Air Latest Bankruptcy Casualty
Independence Air and parent company FLYi filed for Chapter 11 bankruptcy protection last month, ending a year-and-a-half-long wait for what many considered

Independence Air and parent company FLYi filed for Chapter 11 bankruptcy protection last month, ending a year-and-a-half-long wait for what many considered an inevitable financial collapse. A big money loser since it broke ties with former code-share partner United Airlines, the former Atlantic Coast Airlines said it would seek approval to sell itself in a court auction.