Restructuring predicted for corporate radio firm – The Boston Globe

It was one of the last mega-buyouts of 2008 before the financial markets meltdown, a corporate radio giant with some of Bostons most prominent investors behind it and a whopping $20 billion in debt. Clear Channel Communications Inc., now iHeartMedia Inc., ha… Read the full article at: https://www.bostonglobe.com/business/2017/05/03/restructuring-predicted-for-corporate-radio-firm/sGpqEUM8gjbwrameHahYNI/story.html

Old Business Model and High Restructuring Costs Drive airberlin to Record Loss – Aviation Tribune

Share Tweet Share Share Email The business year 2016 and the first quarter 2017 at airberlin were dominated by the transition to a new business model at the airline. Structural issues of the old business model and high restructuring costs have impacted the reporting periods. airberlin CEO Thomas Winkelmann said: Old airberlins indistinct market position,…