Asia Hub presents: Distressed Airlines: The Modern Toolkit for Asia and Beyond
Monday 28 October 2024
This online webinar explored issues arising in the restructuring of airlines in Asia. Our experts shared their experiences on the restructuring of three Asian airlines: (1) Thai Airways, (2) NOK Air, and (3) Hong Kong Airlines, and the restructuring of LATAM Airlines, based in Chile. This diversity of restructuring cases enabled participants to take a comparative view towards airline restructuring which, in some jurisdictions, might be influenced by domestic policy considerations.
Additionally, our experts discussed legal and non-legal issues which may arise in an airline restructuring exercise. The former comprises issues such as the Cape Town Convention and the Gibbs Rule, and the latter consists of issues such as the management of crucial stakeholders, as well as conducting refinancing exercises for the financially distressed airline.
Distressed Airlines in Asia – Reflecting for the Future
Thursday 9 March 2023