Flyi Inc, the parent company of Independence Air, will cease operating Jan. 7 if it is unable to find a major investor or buyer, the airline said in a letter received by its employees this week.

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WASHINGTON — FLYi, parent company of low-fare airline Independence Air, said Monday that it will discontinue flights after Thursday evening because it could not find a buyer for its financially ...

Independence Air, the scrappy Dulles-based carrier that broke off from United Airlines two years ago in the hopes of creating a budget alternative, yesterday filed for bankruptcy protection in a move ...

Key concerns for FLYi from 30,000 feet. The biggest problem FLYi faces now is getting passengers on the planes. From its August passenger numbers, 66% of fliers flew Indy Air. So FLYi is about 2/3 of ...

Independence Air said it will add its first destination in the West March 1, when it launches twice-daily service from Washington (Dulles) to Las Vegas on its new A319 aircraft. The airline expects to ...

FLYI's management has asked pilots of Independence Air for what they call "massive and wide-ranging concessions" that it claims are essential to the survival of the airline. Members of the carrier's ...

DUULLES, Va. -- Independence Air parent FLYi said Feb. 22 it completed a financial restructuring that will further reduce its 50-seat regional jet fleet and defer $70 million in lease payments on the ...

FLYi, parent of Independence Air, posted a preliminary net loss of $105 million in the first quarter ended March 31, a figure that exceeded its total revenues for the period and compared to net income ...

Flyi Inc., parent of low-cost carrier Independence Air, yesterday announced it completed a financial restructuring plan under which it will cut its fleet of regional jets and reduce its workforce in ...

Flyi Inc., parent of financially troubled Independence Air, has reached an agreement with one of its creditors to terminate leases on up to 20 of its regional jets, raising concerns over the potential ...