Philippine Air gets US court approval to access $505m funding
Philippine Airlines received US court approval to access a $505m debtor-in-possession financing, which is core to its restructuring plan. “This important step confirms that our recovery process is on track,” Philippine Air President Gilbert Santa Maria said. Philippine Airlines received US court approval to access a $505m debtor-in-possession financing, which is core to its restructuring plan.“This important step confirms that our recovery process is on track,” Philippine Air President Gilbert Santa Maria said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-10-04/unaligned/philippine-air-gets-us-court-approval-to-access-505m-funding
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Philippine Air gets US court approval to access $505m funding
Philippine Airlines received US court approval to access a $505m debtor-in-possession financing, which is core to its restructuring plan. “This important step confirms that our recovery process is on track,” Philippine Air President Gilbert Santa Maria said. Philippine Airlines received US court approval to access a $505m debtor-in-possession financing, which is core to its restructuring plan.“This important step confirms that our recovery process is on track,” Philippine Air President Gilbert Santa Maria said.<br/>
