Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received “overwhelming...
Turboprop manufacturer ATR stabilized its turnover in 2018, booking a result of $1.8bln identical to the previous year. However, sales and deliveries were below the record-level of 2017, the Franco-Italian OEM reported on January 31. 2017 had been an outstanding year,...
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