VALUJET INC.

VALUJET INC., already under tremendous pressure to resume revenue operations, has until Sept. 30 to persuade lenders to waive loan covenants. Otherwise, the airline is likely to default on $162 million in aircraft-secured bank debt. The carrier plans to sell some of its 51 McDonnell Douglas DC-9-30...

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.