Surprisingly low activity in this thread, makes me wonder why. No rumors from within Bristow?
Bristow now closing a deal with PK Airfrance/Milestone with dedicated hearing sept. 18. See docket 610.
The agreement between the Debtors and the Milestone Parties set forth in the Milestone Term Sheet resolves several months of disputes, provides the Debtors with lease rates more aligned to market, consensually modifies a credit facility secured by, among other collateral, twenty-four aircraft, and resolves what would otherwise be a contested confirmation process with the Milestone Parties.