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Blue Receives Us Court Approval for Restructuring Plan
Summary by Globo
1 Articles
1 Articles
The Brazilian Blue Air Company was authorized by a US court to exit from bankruptcy and implement a restructuring supported by creditors that reduces its debt and guarantees new investments by United Airlines and American Airlines. In an audit on the night of this sixth-day in New York, Judge Sean Lane said he would approve the air company's reorganization plan, opening the way for Blue to leave Chapter 11 at the beginning of next year. Resource…
·Brazil
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