Philippines | COVID-19 – Restructuring & Insolvency – ICLG.com

The world has been experiencing a massive downturn over the recent months because of the COVID-19 pandemi… The world has been experiencing a massive downturn over the recent months because of the COVID-19 pandemic. Locally, the Philippine government has reactively imposed community quarantine measures of varying degrees. The actions taken have resulted in disruptions in…

Aeromexico CEO says company must ‘transform’ as shares sink after bankruptcy filing – Reuters

MEXICO CITY (Reuters) – Mexican airline Aeromexico will offer fewer flights and have fewer planes in the short term as it begins a Chapter 11 restructuring process, Chief Executive Andres Conesa said on Wednesday, after shares plummeted to record lows. Passengers, wearing protective masks following an outbreak of the coronavirus disease (COVID-19), wait for flights…