July 20, 2017 / 12:19 AM / a month ago

BRIEF-Dynamic International Airways says files Chapter 11 petition

July 19 (Reuters) -

* Dynamic International Airways - filed a voluntary Chapter 11 petition with the United States Bankruptcy Court in the Middle District of North Carolina

* Dynamic International Airways - decision to file follows upon litigation matters resulting from Hajj flights airline operated in 2014 for Air India

* Dynamic International Airways - during Chapter 11 case, intends to continue normal operations

* Dynamic International Airways - has arranged for credit facility to facilitate both its operations while in Chapter 11; also its ability to reorganize Source text for Eikon: (Bengaluru Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below