South Korea’s Eastar Jet Files For Court-Led Restructuring

Easter Jet 737-800
Easter Jet 737-800
Credit: Joe Pries
South Korean LCC Eastar Jet has become the latest carrier to launch a rehabilitation process through the bankruptcy court in an effort to emerge with stronger financial backing. Eastar Jet filed for court receivership this week, according to a Reuters report. The airline had been attempting to line...

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