Tag creditors

Airlines

Aeromexico’s Chapter 11: a battle with unsecured creditors

Aeromexico’s Chapter 11 has had a battle with unsecured creditors in the last few weeks. The Mexican carrier, Delta Air Lines, and Apollo Global Management have faced pressure and accusations from creditors urging the court to reject Aeromexico’s Reorganization Plan…

Daniel Martínez Garbuno
January 4, 2022

Air Asia, Airlines

AirAsia X hits out at critics after creditors approve debt restructuring plan

A330 900 Thai AirAsia X MSN1901 Take Off 1

AirAsia X has hit out at critics in a strongly-worded statement, after creditors to the long-haul, low-cost carrier overwhelmingly approved a debt restructuring plan. The carrier’s 12 November statement, desrcribed the restructuring as a “wide and deep reset,” and is…

Firdaus Hashim
November 15, 2021
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