Philippine Airlines gets $505 million financing under Chapter 11
Philippine Airlines (PAL) got the approval from the US Bankruptcy Court to access debtor-in-possession (DIP) financing totaling $505…
Chapter 11
21 articles
Explore articles and news about Chapter 11 bankruptcy, a legal process that allows businesses to reorganize and restructure.
Philippine Airlines files for bankruptcy protection in New York
Philippine Airlines has filed for bankruptcy protection in the United States to undergo financial restructuring under the Chapter…
Philippine Airlines to file Chapter 11 amid pandemic?
One of the oldest air carriers in Asia, Philippine Airlines, is reportedly planning to reduce its fleet and…