Tag: bankruptcy

Australian regional carrier Rex (Regional Express) and a number of its subsidiaries have entered voluntary administration, the group announced. Samuel Freeman, Justin Walsh and...

Liquidators announced that Expressions of Interest for Air Vanuatu (Operations) Limited (In Liquidation) have been received. A range of parties have expressed interest in...

Morgan Kelly, Justin Walsh and Andrew Hanson of Ernst & Young Australia (EY Australia) have been appointed voluntary liquidators of Air Vanuatu (Operations) Limited...

Indian airline Go First filed for bankruptcy on Tuesday, blaming “faulty” Pratt & Whitney engines for the grounding of about half its fleet. The...

Nordic Aviation Capital (NAC) announced that it has successfully exited from the Chapter 11 restructuring process, having received confirmation of its plan of reorganisation...

Nordic Aviation Capital Designated Activity Company (NAC) announced that the U.S. Bankruptcy Court for the Eastern District of Virginia has confirmed the company’s plan...

Philippine Airlines Inc. (PAL) announced on 31 December that it has emerged from its voluntary Chapter 11 proceedings as a more efficient airline with...

Philippine Airlines, Inc. (PAL) announced that the U.S. Bankruptcy Court of the Southern District of New York has approved its Plan of Reorganisation. PAL...

Philippine Airlines (PAL) announced on 4 September that it had filed a pre-packaged Chapter 11 reorganisation petition in US federal bankruptcy court to restructure...

An Indian bankruptcy court ruled on Tuesday (22 June) that Jet Airways India can hit the skies again under new ownership more than two...