Travel Trade Gazette clipping from January 11, 1985 reporting Northeastern Airlines Chapter 11 bankruptcy filing

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