Dissenting Class News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HKA distributed a Practice Statement Letter to most of aircraft lessors, perpetual noteholders and other unsecured creditors. The Practice Statement Letter describes a restructuring plan proposed by HKA for those creditors under Part 26A of the Companies Act 2006 of the UK.

Key Points - - Hong Kong Airlines (HKA) has announced that it is seeking to implement a restructuring of its aircraft lease obligations and other liabilities by court...