Direct Air, which suddenly suspended its flights this week into and out of Niagara Falls International Airport, filed for bankruptcy today. The Myrtle Beach, South Carolina-based airline is seeking Chapter 11 protection.
Papers filed with a bankruptcy court in Massachusetts indicate liabilities between $10 million and 50 million. The Buffalo News reports Direct Air owes $88,000 in landing fees to the Niagara Frontier Transportation Authority.
Myrtle Beach-based discount airline Direct Air, which abruptly canceled its entire schedule Monday, is shutting down all flight operations for two months.
Direct Air marketing officer Ed Warneck told the Myrtle Beach Sun News today the company missed a fuel payment, causing its supplier to pull the plug. In his initial comments to the newspaper prior to the suspension announcement, Warneck had said flights would resume this week.