Struggling Southeast Asian Airlines Seek Debt Deals In Courts

Malaysia Airlines aircraft
Malaysia Airlines has gained approval for its lease restructuring proposal.
Credit: Joepriesaviation.net
When Philippine Airlines filed for bankruptcy protection on Sept. 3, it followed other major Southeast Asian carriers that have turned to courts to restructure their debts. The list of airlines in the region that have taken this course is steadily growing—and more are likely to follow before the...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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