Skymark lenders approve rehab plan backed by ANA
Tokyo
SKYMARK Airlines Inc's creditors have approved a rehabilitation plan backed by ANA Holdings and rejected one that relied on Delta Air Lines, finalising a path back from bankruptcy for Japan's third-largest airline.
The plan sponsored by ANA met both necessary conditions in Wednes-day's creditors' vote in Tokyo, according to Nobuo Sayama, a partner at Integral Corp, the private-equity firm guiding Skymark's turnaround. To be approved, a plan needed the backing of a majority of cr…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Tesla could start selling Optimus robots by the end of next year, Musk says
FAA probes union claims Boeing retaliated against two engineers in 2022
Tesla profits tumble but shares rise on new vehicle plan
Tesla to cut more than 6,000 jobs across Texas, California
French air traffic controller strike threatens flight chaos
Tesla to accelerate launch of cheaper cars after sales miss