Search

Search

Philippines [x] Philippine Airlines [x] reorganization [x]
airline bankruptcy corporate bankruptcy Philippine Airlines Philippines reorganization
 

1 - 1 of 1
 First | Prev. | 1 | Next | Last

PHILIPPINE AIRLINES READY TO FILE FOR BANKRUPTCY

According to local media reports, Philippine Airlines Inc. Company (PAL) has begun negotiations with creditors on restructuring ... ... billion in liabilities to creditors. Before the pandemic, the tourism industry in the Philippines contributed about 13% of country’s GDP. It employed about 13.5% of the... ... restructuring is the so-called “soft” form of bankruptcy, which is therefore called reorganization. It does not imply liquidation of the company, allowing you to restructure...

Modified: 05.18.2021
bankruptcy , Philippines , Philippine Airlines , airline , corporate bankruptcy , reorganization
Path: РусБанкрот - СМИ
1 - 1 of 1
 First | Prev. | 1 | Next | Last

Sorted by relevance | Sort by date