Comair Closer To Take Off As It Reaches Two Major Milestones In Business Rescue Process

sysadmAfrican Airline News, Highlights, News Updates

Comair’s business rescue process navigated past two important milestones this week as the investors secured the required credit approval from various lenders of debt funding, as well as approval from various regulators necessary for their investment in Comair to proceed.   Among the suspensive conditions in the Comair business rescue plan were the requirements to reach a collective agreement with …