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LATAM to exit Chapter 11 in November

LATAM to exit Chapter 11 in November

by Daniel Martínez Garbuno | Oct 12, 2022 | Aerospace, Airlines | 0 comments

We have a date: LATAM Airlines will exit its Chapter 11 process in the first week of November, the company said on Wednesday. Once LATAM emerges from the bankruptcy process in the United States, all three Latin American airlines to have filed for this protection in...
LATAM Secures Chapter 11 exit financing

LATAM Secures Chapter 11 exit financing

by Daniel Martínez Garbuno | Jun 13, 2022 | Airlines | 0 comments

During the weekend, LATAM Airlines Group announced it had signed debt commitment letters with different financial entities, securing an exit financing from its Chapter 11 process. The airline is currently awaiting the ruling of the United States Court regarding its...
NAC hopes to exit Chapter 11 by the end of May

NAC hopes to exit Chapter 11 by the end of May

by Richard Schuurman | Apr 20, 2022 | Aerospace, Lessors, Nordic Aviation Capital | 0 comments

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...

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