Wednesday, October 17, 2007

Kitty Hawk Files Chapter 11

Kitty Hawk, Inc. and all of its subsidiaries announced yesterday that the "Company" filed voluntary petitions for re-organization under Chapter 11 of the United States Bankruptcy Code. The filing was made as an effort to address financial issues and potentially find a financial investor.

Kitty Hawk is an air cargo, air freight transportation company, that has been providing over 30 years of air cargo transportation throughout the United States, Canada and Mexico.