Charter airline based at Akron-Canton airport to reorganize under bankruptcy protection

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October 18, 2023

Cleveland Business News

Business

Charter airline based at Akron-Canton airport to reorganize under bankruptcy protection

Ultimate Jetcharters LLC, which does business as Ultimate Jet, has filed for bankruptcy protection

By Mary Vanac

Business

Red Leader’s X-wing fighter from ‘Star Wars’ tops giant $13M auction of sci-fi memorabilia

The model of the X-wing used in the climatic battle scene for "Star Wars: Episode IV - A New Hope” fetched more than $3.3 million at auction Oct. 15.

By Robert Higgs, cleveland.com

Travel

Cleveland welcomed nearly 18 million visitors in 2022, almost back to pre-pandemic levels

David Gilbert, president and CEO of Destination Cleveland, noted that visitor growth in Cleveland in 2022 exceeded increases in both Ohio and the United States as a whole.

By Susan Glaser, cleveland.com

Business

LinkedIn lays off nearly 700 workers as it moves to exploit AI options

LinkedIn says it will lay off about 3% of its workforce as the company optimizes around artificial intelligence.

By Robert Higgs, cleveland.com

Business

Gas prices are falling in NE Ohio and nationally despite fighting in Gaza Strip

The price of a gallon of gas has dropped below $3 per gallon in some parts of Northeast Ohio.

By Cliff Pinckard, cleveland.com

News

Major US pharmacy chain Rite Aid files for bankruptcy

Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits.

By Associated Press

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Charter airline based at Akron-Canton airport to reorganize under bankruptcy protection

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