REUTERSNumerous airlines ceased operations since the start of the yearThe coronavirus crisis, which has virtually grounded global air traffic since March, has pushed several struggling airlines over the edge. Chile’s LATAM Airlines Group SA (LTM.SN) on May 26 became the largest carrier so far to seek an emergency reorganization during the pandemic. North AmericaMiami Air InternationalThe Florida-based charter airline Miami Air filed for bankruptcy on March 24 and ceased operations on May 8, according to local media. Trans States AirlinesThe United Airlines (UAL.O) affiliate, which flew under the United Express brand, was the first U.S. carrier to suspended operations on April 1 amid the coronavirus crisis. Asia and PacificVirgin Australia (VAH.AX)The Australian air carrier said on May 22 it had been granted formal recognition of its voluntary administration process in Australia.

Source: Dhaka Tribune May 26, 2020 14:48 UTC