In 2024, several well-known companies filed for bankruptcy protection in the United States. Some have filed for basic financial restructuring, allowing them to continue operating, while others have announced closures of many physical locations to stave off liquidation.
Retail outlets were the hardest hit. However, several restaurant chains were impacted, and one airline.
COMPANIES ARE GOING BANKRUPCT AT THE FASTEST PACE SINCE 2020: A ‘HISTORIC SURGE’
The budget airline filed...