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FLYi concludes restructuring plan

New York, Usa - The move would rise liquidity position and would give the company greater flexibility

FLYi, parent of low-cost Independence Air, announced that it ended its restructuring plan that would enable the holding with enhanced liquidity position and greater flexibility. FLYi said restructuring includes agreements with a majority creditors to reschedule rent payment and reduce the total number of 50 seat CRJ aircraft in the company’s fleet while continuing add Airbus A-319s with 132 seats. T...

AVIONEWS - World Aeronautical Press Agency - 114922

AVIONEWS - World Aeronautical Press Agency
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