Evergreen Airlines files for bankruptcy

Evergreen Airlines files for bankruptcy

Evergreen Airlines files for bankruptcy

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by Associated Press

kgw.com

Posted on January 2, 2014 at 10:49 AM

PORTLAND, Ore. (AP) -- McMinnville-based Evergreen International Airlines has filed for Chapter 7 bankruptcy in Delaware. This comes less than two weeks after unsecured creditors sought to force the airline into involuntary bankruptcy. The Oregonian reports the filing on Tuesday estimates total assets of the Evergreen companies at up to $100 million and total debts up to $500 million. Evergreen says it has up to 5,000 creditors.

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