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Discover LudwigThe phrase "airline restructuring" is correct and usable in written English.
It can be used when discussing changes or reorganizations within an airline, often in the context of financial recovery or operational efficiency.
Example: "The airline restructuring process is expected to take several months as the company seeks to improve its financial stability."
Alternatives: "airline reorganization" or "airline overhaul".
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As an authority in the airline restructuring field, Stephen represented creditors in major airline bankruptcies.
Latin America has had its share of airline restructuring and forced mergers, too -- the Varig-TAM combination is effectively a rescue of Varig, one of Brazil's most prestigious brand names.
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Thepanel will negotiate on creditors' behalf as the airline restructures its operations and sheds debt.
The national airline employee's union wants the airline restructured, and Wagner Canhedo, Vasp's majority shareholder, removed as president.
"Our efforts continue to reduce the impact of redundancies and job cuts on individuals as the airline restructures," it added.
Due to falling of freight demands, the airline restructured its cargo fleet by retiring the MD-11s.
In this week's Your Money column, Ron Lieber argues that there's a need for a committee to advocate for passengers when airlines restructure or merge.
American Airlines and its creditors' committee urged a bankruptcy judge to approve the airline's restructuring plan despite an antitrust challenge from the Justice Department.
On March 12, the federal Air Transportation Stabilization Board agreed to amend the covenants of $900 billion in loan guarantees that formed the basis of the airline's restructuring.
The bankruptcy judge ruled against one provision of the airline's restructuring, a plan to award American Airlines' chairman, Thomas W. Horton, $20 million in severance after he ends a short stint as the chairman of the combined company and leaves.
Officially, Emirates' decision to end its $200 million relationship with FIFA is a result of its announcement three years ago that the airline is restructuring its sponsorships, which also include soccer clubs Arsenal, Real Madrid, Paris Saint Germaine (PSG) and Hamburger SV.
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