Mexican charter airline Magnicharters has grounded its entire fleet and filed for bankruptcy, undone by fuel prices and the ...

Another low budget airline files for bankruptcy – following in Spirit’s steps - Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier this week in the First District Court ...

Yet another low-cost airline has caved to the pressures of today’s climate. Mexican charter airline Magnicharters has suspended all flights and filed for the U.S. equivalent of either Chapter 7 or ...

While the collapse of Spirit Airlines is the most high-profile case, multiple small- and mid-size airlines have had to file ...

A budget airline has abruptly announced that all of its flights are suspended for at least two weeks due to "logistical ...

Yet another budget airline has reportedly gone bust, following in the wake of the struggling Spirit Airlines, which ceased all operations earlier this month. Magnicharters, a low-cost Mexican carrier, ...

Another budget carrier has reportedly collapsed, joining the beleaguered Spirit Airlines, which shut down all operations earlier this month. Magnicharters, a low-cost Mexican airline, filed for ...

With the price of jet fuel continuing to sit at highs unseen in years, almost every airline has canceled routes to prioritize ...

Another low budget airline has filed for bankruptcy, following in the footsteps of the beleaguered Spirit Airlines which shut down operations earlier this month. Magnicharters, a low-cost Mexican ...