Tags Restructure

Tag: Restructure

Garuda Indonesia teeters close to bankruptcy

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

Trade reacts to Philippine Airlines’ restructuring plan

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 files for bankruptcy

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...

AirAsia X plans major overhaul in fight for survival

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 restructuring underway

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,...

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