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PETITION
PETITION
✈️ New Chapter 11 Bankruptcy Filing – Philippine Airlines, Inc.✈️
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✈️ New Chapter 11 Bankruptcy Filing – Philippine Airlines, Inc.✈️

Sep 04, 2021
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PETITION
PETITION
✈️ New Chapter 11 Bankruptcy Filing – Philippine Airlines, Inc.✈️
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Earlier this month, Philippine Airlines Inc. (the “debtor”) filed for chapter 11 in the Southern District of New York. As of July 31, 2021, the debtor’s assets and liabilities were $4.1b and $6.07b, respectively.

The debtor is headquartered in the City of Pasay in the Philippines, and it is one of the oldest commercial airlines in Asia. Its pre-pandemic …

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