MH&C expecting more consolidations in aviation industry as pandemic bites
New restructure benchmarks are being set for aviation firms during the pandemic, according to Dublin law firm Mason Hayes & Curran
New benchmarks for restructuring are being set in aviation as the sector continues to grapple with the Covid-19 crisis.
Frank Flanagan, a partner at Mason Hayes & Curran LLP, said that while he expects to see more examinerships and even liquidations in the sector, there will be more and more consensual agreements between companies and creditors to stave off collapses.
The sharp and swift impact of Covid-19 meant that airlines and leasing companies that otherwise...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Flexibility and choice: key for companies moving to the cloud
‘We are in a unique position to interconnect a wide range of companies’ says Matt George: Director, EMEA Segment Marketing, Equinix