Airlines Reporting Corp. looked at data for tickets bought between January 2013 through July 2014 to figure out the sweet spots for lowest fares. At the eight- and 24-week points, the report says, fliers saved 19% on domestic flights and 27% on international flights.
Active bankruptcy means an individual or business has filed paperwork for bankruptcy and the case is ongoing. This takes quite some time in many cases and the case can be active for awhile. 6 people found this useful.
Upon the filing of a bankruptcy petition, an automatic stay is entered pursuant to Section 362(a) of the Bankruptcy Code. This stay prevents the commencement of continuation of lawsuits against the debtor, and creditors cannot institute or continue collection efforts against the debtor.