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Direct Air parent files for bankruptcy protection

By Associated Press

 |   

  March 16, 2012

Just three days after abruptly stopping service and leaving travelers stranded, the parent of discount airline Direct Air has filed for bankruptcy protection. Southern Sky Air & Tours LLC late Thursday filed for Chapter 11 protection in Worcester. Court documents show the company has between $10 million and $50 million in debt and just $500,000 to $1 million in assets. Worcester is one of the destinations the airline serves.

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