Czech Airlines Declared Bankrupt After Previously Laying Off Staff – Simple Flying

Advertisement: The fifth oldest airline in the world, Czech Airlines, has been declared bankrupt in Prague last week. The airline is in debt to 266 creditors, mostly suppliers, and 230,000 passengers who are awaiting refunds for canceled flights. The total debts equal $82 million. Czech Airlines is now officially bankrupt. Photo: ERIC SALARD via Wikimedia…

Cicis Successfully Completes Restructuring – PRNewswire

IRVING, Texas, March 15, 2021 /PRNewswire/ –Cicis announced today that it has successfully emerged from Chapter 11 protection, swiftly completing the process in less than two months. The reorganization, which has strengthened the corporate team, company operations and financial structure, coincides with the simultaneous D&G Investors acquisition of the brand. Cicis Enterprises entered into an…

Student loan debt relief should be targeted to those who need it – The Boston Globe

Advertisement The federal government should target any debt forgiveness to those who truly need it. It is important to remember that student loan borrowers are different from most Americans: Theyve gone to college. College students, as a group, earn more, are better educated, live longer, and come from more affluent backgrounds than other Americans. Those…