Nordic Aviation Capital Files for Bankruptcy for the Second Time
Travelers disembark from an airplane at Cancun International Airport (CUN) in Cancun, Quintana Roo state, Mexico, on Friday, Dec. 3, 2021. Mexico deployed a battalion of almost 1,500 National Guard troops to Cancun and surrounding beaches after two separate deadly shootouts sparked concerns over the security of the Riviera Maya region, the country’s top tourist destination. Photographer: Cesar Rodriguez/Bloomberg
, Bloomberg
Antonio Vanuzzo, Irene García Pérez and Dawn McCarty, Bloomberg News
(Bloomberg) -- One of the world’s largest aircraft leasing company filed for Chapter 11 as it seeks to restructure its finances for the second time since the beginning of the pandemic.
Denmark-based Nordic Aviation Capital A/S sought bankruptcy protection in Richmond, Virginia to overhaul about $6 billion of debt. On Sept. 24, the company reached an agreement in principle with creditors to fix its balance sheet.
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