International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
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![International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame. International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.](/sites/default/files/styles/featured_image/public/2021-03/Transat_2121_1414_1.jpg.webp?itok=w7MymGvl)
![Hertz Global Holdings, Inc.](/sites/default/files/styles/featured_image/public/2020-05/Hertz_2121_1414_1.jpg.webp?itok=iVYfoxx6)
Hertz Global Holdings, Inc., a global superstar in rent-a-car, was taken out of the driver's seat and into bankruptcy thanks to many factors - including a propensity to load up on debt and the ongoing coronavirus pandemic.
![Whiting Petroleum Corporation's well has run dry, as the Denver-based company became the first big independent oil producer in the U.S. to succumb to the coronavirus pandemic. Whiting Petroleum Corporation](/sites/default/files/styles/featured_image/public/2020-04/Whiting_2121_1414_1.jpg.webp?itok=nyZh9vT8)
Whiting Petroleum Corporation's well has run dry, as the Denver-based company became the first big independent oil producer in the U.S. to succumb to the coronavirus pandemic.
![South African retailer Steinhoff International Holdings NV is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry decline due to coronavirus and bankruptcy could be very near.](/sites/default/files/styles/featured_image/public/2020-07/Steinhoff_2121_1414_1.png.webp?itok=AKPOVESp)
South African retailer Steinhoff is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry deline due to coronavirus and bankruptcy could be very near.
![CreditRiskMonitor Announces Transition of its Chief Financial Officer CreditRiskMonitor Announces Transition of its Chief Financial Officer](/sites/default/files/styles/featured_image/public/2020-03/CRMZ_Press_Release_Thumb.jpg.webp?itok=OmRt3taL)
CreditRiskMonitor reported that revenues for the 3 months ended Mar. 31, 2020 increased 6% to $3.71 million compared to $3.50 million in last year’s first quarter.
![Time ran out for health retailer GNC Holdings, Inc. in their quest to shape up their balance sheet. The popular house of nutrition suffered mightily under the weight of debt.](/sites/default/files/styles/featured_image/public/2020-07/GNC_2121_1414_3.jpg.webp?itok=ISMtFlkC)
Time ran out for health retailer GNC Holdings, Inc. in their quest to shape up their balance sheet. The popular house of nutrition suffered mightily under the weight of debt.
![Engine failure: the bankruptcy of Briggs & Stratton corporation was an event long suspected by CreditRiskMonitor subscribers who watched their FRISK® score on a daily basis.](/sites/default/files/styles/featured_image/public/2020-07/Briggs_Stratton_2121_1414_2.jpg.webp?itok=0OFe91p8)
Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.
![Team Inc Image](/sites/default/files/styles/featured_image/public/2021-12/Team_Inc_2121_1414.png.webp?itok=GwMdtx8M)
Aerospace leader Team, Inc.'s debt load has spiked into the stratosphere. As company leadership is concurrently in upheaval, is bankruptcy also written in the stars?
![CRMZ Press Release Thumb image](/sites/default/files/styles/featured_image/public/2021-12/CRMZ_Press_Release_Thumb.jpeg.webp?itok=xFIFxAEd)
CreditRiskMonitor® conducted its Annual Shareholder Meeting on July 12, 2023 and Dr. Brigitte Muehlmann and Mrs. Lisa Reisman were elected as new members of its Board of Directors, effective immediately.