High Point charter airline files for bankruptcy, cites debt topping $50 million

High Point charter airline files for bankruptcy, cites debt topping $50 million

Dynamic International Airways LLC, an international charter airline based in High Point, filed for Chapter 11 bankruptcy protection in the Middle District of North Carolina. The filing listed assets of $10 million to $50 million and debts of $50 million to $100 million. With six Boeing 767s, the airline’s routes have included New York; Ontario, Calif.; Guayaquil, Ecuador; Saipan in Northern Mariana Islands; and Changchun and Nanchang, China. Paul Kraus is CEO.

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