Nordic Aviation Capital Has 1st Day in Bankruptcy Court
Nordic Aviation Capital ("NAC"), the world's largest regional aircraft lessor and the sixth largest commercial aircraft lessor, has filed for bankruptcy seeking to restructure its debt under chapter 11 of the bankruptcy code. Bankruptcy petitions were filed by NAC and over 100 affiliated debtors. NAC and its affiliated debtors filed for bankruptcy protection on December 17, 2021 and December 19, 2021 in the Eastern District of Virginia, Richmond Division.
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