Key travel brand files for Chapter 11 bankruptcy
Yahoo Finance·2025-12-17 04:54
Along with a number of high-profile airline bankruptcies throughout 2025, companies providing bus and other road transportation services have also struggled with an economic downturn and a changing market. Coach USA, the parent company behind bus brands like Megabus and Short Line, filed for Chapter 11 bankruptcy protection in June 2024 with debts of between 500 million before eventually being bought out by New York holding company The Renco Group. After a district court declared it bankrupt i ...