Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

IATA Legal Symposium, Bangkok: An airline bankruptcy “to-do” list

By Richard Woolley

04 April 2018

IATA Legal Symposium, Bangkok: An airline bankruptcy “to-do” list iStock.com/Chalabala

Start early, know the terms of your aircraft financing, work with the trade body and use Chapter 11: this was the essential advice panellists gave to aircraft carriers preparing for a bankruptcy situation at the International Air Transport Association’s (IATA) Legal Symposium in Bangkok.