The agreement puts an end to rent payments for aircraft and off claims desprogamados court for more than U.S. $ S74, 6 million for nine aircraft that were abandoned by the previous management of Marsans and were not operational.
restructuring with Wells Fargo Bank Northwest NA is added to the list of agreements already concluded twelve lessors (owners of aircraft), seven maintenance shops, four companies reservation system and three commercial airlines.
The set of tasks successfully sanitation portfolio balance due and payable as of July 2009, allowing savings of over U.S. $ s80 million.
liabilities of the company are now almost totally restructured making it easier and more fluid relationships with suppliers and creditors.
source: www.infobae.com
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