Asia/Pacific

Hong Kong Airlines wins court approval for $6 billion restructuring debt

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Hong Kong Airlines wins court approval for $6 billion restructuring debt

In a much-needed relief for Hong Kong Airlines, the Hong Kong High Court has approved the airline’s $6.3bn debt restructuring plan. This will boost the airline’s survival chances following a tough year of financial upheaval. In yesterday’s hearing, Justice Jonathan Harris said the court was sa...

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