Cargo carrier Southern Air files for bankruptcy protection

Sept 28 Fri Sep 28, 2012 2:11am EDT

Sept 28 (Reuters) - Air cargo carrier Southern Air Inc has applied for Chapter 11 bankruptcy protection in a U.S. court, a court filing on Friday showed.

Southern Air listed estimated assets of $100 million to $500 million, and estimated liabilities in the range of $500 million to $1 billion.

The case is Southern Air Inc, Case No. 12-12692, U.S. Bankruptcy Court, District of Delaware.

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