Major airline handing company to lenders in Chapter 11 bankruptcy - TheStreet

Major airline will hand ownership of the company to its senior secured and convertible noteholders in a bankruptcy filing.

By: TheStreet

Nov 22 2024
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The airline industry has faced plenty of distress over the last three years as over 45 carriers around the world have shut down operations since the beginning of 2022. Some of the 13 airlines that c… [+3442 chars]

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