How restructuring is helping airlines weather Covid-19

Examinership and other financial structures can be a chance to streamline and strengthen in anticipation of recovery

29th November, 2020
How restructuring is helping airlines weather Covid-19
David Baxter, head of the restructuring and insolvency group at A&L Goodbody

As seen across the industry, the coronavirus pandemic and travel restrictions have seriously impacted parts of the aviation industry, with airlines and aircraft lessors restructuring their businesses to stave off the worst-case scenario and buy time to prepare for an uncertain future.

Many international airlines have sought protection of the courts in various jurisdictions around the world over the past six months. Some companies, however, have looked to the Irish courts for relief.

Earlier this...

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