Tag: Restructure

Philippine Airlines (PAL) has emerged from its voluntary Chapter 11 proceedings as a more efficient airline with a strengthened balance sheet. PAL successfully completed its...

The Indonesian government has prepared contingency plans to rescue the embattled national carrier Garuda Indonesia, including an option to liquidise the airline should restructuring...

While Philippine Airlines’ (PAL) financial restructuring has no immediate impact on the travel sector, it will be a smaller airline with its future determined...

Philippine Airlines (PAL) has filed for Chapter 11 bankruptcy in the US to pursue a lender-backed restructuring plan aimed at helping the country's national...

The debt-ridden longhaul arm of AirAsia has proposed a restructuring plan geared at facilitating an injection of fresh equity in a last-ditch effort to...

Khiri Travel Myanmar will be restructuring after its joint venture partner in Myanmar, Edwin Briels, decided to exit the partnership after nine years. Since 2011,...