Reuters: Bankruptcy News: Cargo carrier Southern Air files for bankruptcy protection

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Cargo carrier Southern Air files for bankruptcy protection Sep 28th 2012, 06:11 Sept 28 | Fri Sep 28, 2012 2:11am EDT Sept 28 (Reuters) - Air cargo carrier Southern Air Inc has applied for Chapter 11 bankruptcy protection in a U.S. court, a court filing on Friday showed. Southern Air listed estimated assets of $100 million to $500 million, and estimated liabilities in the range of $500 million to $1 billion. The case is Southern Air Inc, Case No. 12-12692, U.S. Bankruptcy Court, District of Delaware.

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