The closure of Liat would be a major loss for Virgin Islanders with roots in the Eastern Caribbean, many of whom depend on the airline, which has weekly flights between Antigua and St. Thomas, for travel.
Florida-based regional carrier Silver Airways has become the first U.S. airline to incorporate the ATR-600 regional jet into its fleet.
Avianca Brasil has cancelled more than 1,045 domestic flights this week and according to reports, has just seven planes still in its fleet.
Air Europa will consolidate its presence in Central America with the launch of its new route to Panama in June.
Dominica has now become the 193rd Member State of the International Civil Aviation Organization (ICAO) following its official adherence to the Convention on International Civil Aviation (the Chicago Convention).
Jet, the largest private airline in India, is saddled with more than $1 billion of debt and is seeking a financial lifeline to avoid collapse.
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