Browsing Tag
Chapter 11
18 articles
Philippine Airlines reacquires Airbus A330; plans expansion with travel recovery
Philippine Airlines announced that it has reacquired one of its Airbus A330 aircraft in preparation for the upcoming…
SAS reaches deals to alter leases for another seven aircraft
SAS has agreed to amend the terms of leases for a further seven aircraft, representing further progress in…
SAS to return 10 Airbus and Boeing aircraft to lessors: report
SAS is looking to reduce its fleet as part of its Chapter 11 Bankruptcy Protection and aims to…
SAS, hit by strikes and Chapter 11, prepares to recruit staff for summer 2023
SAS is preparing to take on substantially more staff for summer 2023, expecting an increase in demand. Many…
SAS secures $700M financing to support operations during Chapter 11
Scandinavian airline SAS has secured $700 million of financing to support operations through its Chapter 11 restructuring process. …
LATAM obtains US Court approval for reorganization plan, secures exit financing
LATAM Group announced that its total operating revenues reached $2.23 billion in the second quarter of the year.…
US Court permits SAS to operate business throughout Chapter 11 process
Scandinavian carrier SAS received all necessary court approvals to continue operating its business normally throughout the Chapter 11…
SAS files for Chapter 11
Scandinavian Airlines (SAS) has voluntarily filed for Chapter 11 bankruptcy protection in the United States in order to…
LATAM says US court approves restructuring plan
A US court has approved LATAM Airline Group’s restructuring plan, meaning it can move forward with efforts to…
Lessor Nordic Aviation Capital emerges from Chapter 11
Lessor Nordic Aviation Capital (NAC) has emerged from Chapter 11 restructuring process, having eliminated nearly $4.1 billion of…