Tag Nok Air

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

Airlines

Thai AirAsia launches crowdfunding bond campaign

Thai AirAsia has launched a crowdfunding bond campaign as the low-cost carrier seeks to boost its capital. Known as “Project Lift”, the airline’s campaign that was launched on September 9 seeks to raise around Bath 80 billion by issuing debentures…

Firdaus Hashim
September 14, 2021