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Oct. 29 (Bloomberg) -- Sterling Airlines A/S was declared bankrupt after its Icelandic owner ran out of money, adding Denmark's second-largest carrier by fleet size to a list of more than two dozen around the world to cease operating this year.

Airlines cutting fares to lure wary travellers back (Bangkok Post - Thailand's English news)
Airlines are freezing fares and even providing discounted tickets, a move seen as highly unusual in the peak travel season, as they struggle to defy the downturn in passenger traffic through Thailand.

Northwest Airlines gets new $500M credit facility (AP via Yahoo! Finance)
Northwest Airlines says it has secured a new $500 million credit facility on the heels of one of the last remaining regulatory hurdles in its planned combination with Delta Air Lines Inc.

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