What’s next for Avianca after exiting bankruptcy protection?
A revamped Avianca (AVHOQ) has emerged from bankruptcy protection, 18 months after filing for a Chapter 11 process…
Chapter 11
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Explore articles and news about Chapter 11 bankruptcy, a legal process that allows businesses to reorganize and restructure.
Aeromexico files updated reorganization plan
Grupo Aeromexico, the owner company of Mexican flag carrier Aeromexico filed a revised version of its reorganization plan. The…
US Court gives green light for Avianca’s reorganization plan
A US Court has approved Avianca’s (AVHOQ) Chapter 11 reorganization plan, the airline confirmed.According to a statement issued…
Philippine Airlines gets $505 million financing under Chapter 11
Philippine Airlines (PAL) got the approval from the US Bankruptcy Court to access debtor-in-possession (DIP) financing totaling $505…
Philippine Airlines files for bankruptcy protection in New York
Philippine Airlines has filed for bankruptcy protection in the United States to undergo financial restructuring under the Chapter…
Philippine Airlines to file Chapter 11 amid pandemic?
One of the oldest air carriers in Asia, Philippine Airlines, is reportedly planning to reduce its fleet and…