liquidation

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[ Airlines ]June 30, 2020 9:15 am ET

By Rick Shideler

LIAT Facing Liquidation and Restructuring

The Prime Minister of Antigua and Barbuda announced over the weekend that the regional carrier LIAT Ltd. Airlines will likely face liquidation in 2020. In an interview with a local Antiguan radio station, Prime Minister Gaston Browne shared that there will be a meeting of all LIAT shareholders in the…

[ Airlines ]May 1, 2020 4:36 am ET

By Victor Shalton

South African Express Placed Under Liquidation

South African Express has become one of the latest victims of the global pandemic as the South African High Court gave an order on Tuesday, April 28., for the provisional liquidation of the airline. The airline has been under a form of bankruptcy protection since February and had suspended its…