Gol Accuses Latam Airlines of Attempting to Poach Pilots, Aircraft bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Bankrupt Brazilian airline Gol Linhas Aereas Inteligentes SA accused its rival Latam Airlines Group SA of taking advantage of its recent financial trouble by trying to poach its pilots and Boeing aircraft.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldStock Mania Rages On as S&P 500 Closes Above 5,000: Markets WrapNew York City Is Considering a Laundry Pods CrackdownA 99% Bond Wi
Editor’s Note: Hat tip to the Creditors Rights Coalition for reaching out after last week’s blog to inform yours truly that the “judge shopping” concerns of creditor advocates extend.
A U.S. bankruptcy judge on
Monday allowed Brazilian airline Gol to borrow the
first $350 million of its proposed bankruptcy financing, which a
company attorney said was desperately needed to.