Article: Dallas-Based Air Cargo Company with Fort Wayne, Ind., Hub Files for Bankruptcy.(Knight Ridder/Tribune Business News)

May 3--FORT WAYNE, Ind.--Members of the Fort Wayne-Allen County Airport Authority will discuss Kitty Hawk's bankruptcy in executive session Thursday.

On Monday, the Dallas-based air cargo company with a hub at Fort Wayne International Airport filed for Chapter 11 protection from creditors to seek a financial reorganization.

Local government officials are watching the situation closely.

Fort Wayne Mayor Graham Richard today announced the formation of a task force "to help provide communication with Kitty Hawk as they seek to establish new sources of revenue and work with creditors.

"We've been assured that lease payments to the Fort ...

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