Jump to content

Philippine Airlines Receives US$505m under Chapter 11


In The News
 Share

Recommended Posts

MIAMI – The US Bankruptcy Court has granted Philippine Airlines (PR) permission to access US$505m in debtor-in-possession (DIP) funding. The funding will allow the airline to continue operating while it restructures its US$2bn debt in the United States through the Chapter 11 bankruptcy protection process. According to aerotime.aero, in addition to DIP financing approval, the […]

The post Philippine Airlines Receives US$505m under Chapter 11 appeared first on Airways Magazine.

View the full article

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share



×
×
  • Create New...