Aloha Air Finalizes DIP Financing, Pays Off ATSB Loan
Aloha Air on Friday repaid the remaining $24.1 million balance on its Air Transportation Stabilization Board (ATSB) federal loan guarantee after winning its debtor-in-possession financing. The airline won the ATSB guarantee in December 2002 for $40 million of the total $45 million loan. "The loan...
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