Tag DIP-financing

Azul

Azul Linhas Aéreas Gets Final Court Approval of USD 1.6 Billion DIP Financing for its Restructuring

Brazilian carrier Azul Linhas Aéreas has taken a critical step in its financial restructuring process by obtaining final, unopposed approval from the U.S. Bankruptcy Court for the Southern District of New York for its Debtor-in-Possession (DIP) financing totaling USD 1.6…

Pablo Diaz
July 28, 2025

Airlines, Nok Airlines

US court clears DIP financing Philippine Airlines

philippine airline shutterstock november 22 2019

Philippine Airlines (PAL) has received approval from the Southern District of New York bankruptcy court on a “final basis” to access a debtor-in-possession (DIP) financing worth $505 million. This will be used to support the carrier’s ongoing operations and recovery…

Firdaus Hashim
October 4, 2021