Creditors Withdraw Petition Against Air Seychelles
Air Seychelles, which entered administration last year, has avoided liquidation now that creditors have withdrawn their petition. Representatives of the noteholder committee of the bondholders have withdrawn their earlier petition,…
Air Seychelles Cuts Debt Through New Rescue Plan
The Seychelles’ national airline Air Seychelles, which is in voluntary administration, has reached a deal with creditors to pay only one-third of its debt. State-owned Seychelles News Agency, quoting the…
Air Seychelles Enters Administration
Republic of Seychelles’s national airline Air Seychelles has entered administration, and two administrators have been appointed to examine the books of the financially-troubled carrier to determine its future. In a…
Creditors Petition For Debt-Ridden Air Seychelles To Be Wound Up
Republic of Seychelles’s national airline Air Seychelles is due to appear in court after creditors filed a petition to wind up the airline over debts owed. State-owned Seychelles News Agency…
Best on the Web: Regional Express , Thai Airways , Nok Air , Trans Maldivian , Garuda Indonesia , Citilink , Cebu Pacific and Air Seychelles
Stories include Rex successfully launching Melbourne-Sydney services today, Thai Airways selling its stake in Nok Air, Trans Maldivian adding ATRs, Indonesia’s Citilink adding ATRs, Cebu Pacific adding aircraft, Biman Bangladesh…