Travel Trade Gazette clipping from January 1985 reporting Northeastern Airlines Chapter 11 bankruptcy with Sir Freddie Laker

A Travel Trade Gazette press clipping from January 11, 1985, reporting that Northeastern Airlines filed for Chapter 11 bankruptcy, revealing $48 million in debts. The article notes that Sir Freddie Laker was on the board of the Florida-based carrier, which planned to continue operating skeleton services over 11 routes despite losing $4.5 million in three months.