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Independence Air News
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FLYi To Cut Executives' Pay
March 18, 2005
FLYi, parent of cash-strapped airline Independence Air, on Friday said it will cut the pay of its top three executives as part of a series of measures to save USD$2.2 million over the next year.
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Independence Air Strives To Avoid Cash Crisis
March 17, 2005
Low-cost airline Independence Air, which is controlled by FLYi, is under pressure to boost revenues and cut cuts to avoid a "liquidity crisis," it said in a regulatory filing.
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FLYi Completes Restructuring
February 22, 2005
FLYi, parent of low-cost carrier Independence Air, on Tuesday said it had completed its financial restructuring, giving it a greatly enhanced liquidity position and greater flexibility.
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