Canadian Board Approves Restructuring Plan

The board of Canadian Airlines last week officially approved the company's financial restructuring plan, including compromises for secured note holders and certain unsecured creditors. The plan will be filed tomorrow and meetings with affected creditors will be held May 26 in Calgary. If creditors...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.