Cash-strapped Comair requests deadline extension of publication of business rescue plan

📆 2020/07/29 3:51:00
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日本ニュースニュース

The business rescue practitioners of cash-strapped Comair confirmed this in a media statement sent on Tuesday evening, saying this would give them enough time to negotiate short-term bridging funding.

Business rescue practitioners for Comair, which operates British Airways and Kulula flights, have been given until July 28 to present a business rescue plan. They want a deadline extension.Business rescue practitioners of the owner of Kulula.com and British Airways want to be given a deadline extension regarding the publication of a business rescue plan.

"The request for an extension until 28 August 2020 is so the practitioners can negotiate short-term bridging funding as post-commencement finance and advance two offers from potential investors," said the practitioners.

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