Singapore Airlines says a person has died aboard and others were injured when a London-Singapore flight e...
Air Vanuatu liquidation exposes insurance coverage gaps
Air Vanuatu's unexpected decision to enter voluntary liquidation has left thousands of travellers stranded and facing significant financial losses due to widespread flight cancellations....
Air Vanuatu's unexpected decision to enter voluntary liquidation has left thousands of travellers stranded and facing significant financial losses due to widespread flight cancellations....
Article / 14 days ago
Insurance Marketplace Realities Spring Update 2024
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Article / 18 days ago
High Operating Costs and Legacy Liabilities Among Bankruptcy Drivers for US Airlines
Bankruptcies for airlines were historically driven by operational costs; however, some bankruptcies...
Bankruptcies for airlines were historically driven by operational costs; however, some bankruptcies...
Article / 3 months ago
Gol airline receives court approval to borrow $350 million in bankruptcy - Reuters
A U.S. bankruptcy judge on Monday allowed Brazilian airline Gol to borrow the first $350 million of its proposed bankruptcy financing, which a company...
A U.S. bankruptcy judge on Monday allowed Brazilian airline Gol to borrow the first $350 million of its proposed bankruptcy financing, which a company...
reuters.com /
Article / 4 months ago
Spirit Airlines looking to refinance its debt, not considering restructuring -source - Reuters
Spirit Airlines is looking at options to refinance its debt and is not considering restructuring, a person familiar with the matter told Reuters on Thursday...
Spirit Airlines is looking at options to refinance its debt and is not considering restructuring, a person familiar with the matter told Reuters on Thursday...
reuters.com /
Article / 4 months ago
TMK aims to double size of Lloyd's Asia portfolio - The Insurer
Tokio Marine Kiln is aiming to double the premium written through its Lloyd's Asia operation in Singapore by 2027 as part of an ambitious growth drive under...
Tokio Marine Kiln is aiming to double the premium written through its Lloyd's Asia operation in Singapore by 2027 as part of an ambitious growth drive under...
Article / 7 months ago
Irish liquidators of $4bn+ Russian lessor GTLK sue 30+ aviation insurers as sanctions block is removed
The Ireland-based unit of sanctions-hit state-owned Russian aircraft lessor GTLK is suing a host of international (re)insurers in...
The Ireland-based unit of sanctions-hit state-owned Russian aircraft lessor GTLK is suing a host of international (re)insurers in...
Article / 8 months ago
Airline SAS assesses final bids for its bail-out from bankruptcy - Reuters
Scandinavian airline SAS said on Tuesday it was evaluating final bids in an equity fundraising that closed a day earlier, and which is part of an ongoing bankruptcy protection process...
Scandinavian airline SAS said on Tuesday it was evaluating final bids in an equity fundraising that closed a day earlier, and which is part of an ongoing bankruptcy protection process...
reuters.com /
Article / 8 months ago
Flybe administrators detail likely creditor payouts - Flight Global
Flybe's largest creditor DLP Holdings – a Luxembourg company linked to the airline's owners – is unlikely to receive the entirety of the near £50...
Flybe's largest creditor DLP Holdings – a Luxembourg company linked to the airline's owners – is unlikely to receive the entirety of the near £50...
flightglobal.com /
Article / 9 months ago
Bankrupt AeroCision looks to pay suppliers $5M - Supply Chain Dive
The aerospace parts maker filed for Chapter 11 last week after it buckled under revenue shortfalls, rising costs and supply chain disruptions....
The aerospace parts maker filed for Chapter 11 last week after it buckled under revenue shortfalls, rising costs and supply chain disruptions....
supplychaindive.com /
Article / 10 months ago
