While the aviation industry is particularly prone to bankruptcies due to the sky-high cost of operations, the autumn months of 2025 brought with them a few major bankruptcy announcements in short succession. In the last days of August, low-cost carrier Spirit Airlines filed for bankruptcy for the second time in nine months after its earlier…
First Brands, Tricolor collapses raise fears of credit stress, with Dimon warning of ‘more cockroaches’ Reuters Read the original article here
Home-grown musician Hong Junyang recently became a casualty of Singapore’s struggling F&B industry. The 44-year-old singer-songwriter’s name was included in the Sept 26 publication of the Government Gazette list of bankrupt individuals. Hong told local news portal AsiaOne on Oct 13 that his financial situation arose from debts from his Thai street food restaurant chain…
Chick-fil-A Singapore owner is doing it to inspire his teenage son. (PHOTO: Gary Hershorn/Getty Images) Singaporean entrepreneur Chyn Koh sampled Chick-fil-A only after deciding to commit his future to it. By the time he finally tasted the brand’s signature chicken sandwich in May in Singapore, he had already completed a rigorous seven-month interview process to…
S’porean singer-producer Hong Junyang, 44, declares bankruptcy Mothership Read the original article here
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South Florida aviation company files for bankruptcy with over $38 million in debts following founder’s death The Business Journals Read the original article here
Failed school lunch provider Libelle’s debts up $3 million ThePost.co.nz Read the original article here
While 2025 brought with it the high-profile bankruptcies of airlines such as Play and Spirit Airlines, many companies running tours and travel packages faced an even tougher time due to lower demand and high number of competitors operating in given markets. In June, British travel company Great Little Escapes was stripped of its license to…