Airline bankruptcies 'set to double'

MANCHESTER, England, Oct 9 - Airline bankruptcies around the world this year are set to double over the winter to at least 70, the director general of the European Regional Airlines (ERA) industry body said on Thursday. ”We are now up to around 35 (bankruptcies) this year. I see at least that number over the winter,” Mike Ambrose told Reuters on the sidelines of the group’s annual conference. He said the current climate for airlines was ”far more significant, far more... [read full story]