Flights will continue without interuption, says Global Aviation Holdings Inc., the parent company of World Airways, Inc., North American Airlines, Inc. and other subsidiaries, while the parent undergoes reorganization in Chapter 11 bankruptcy, according to a press release Feb. 5 on PRNewswire.
The company — with world headquarters in Peachtree City — said it had too many airplanes, its labor costs were too high and it lacked the money to continue operating at its current size. Read More»