PPRuNe Forums - View Single Post - Avianca Files for Ch 11
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Old 21st Mar 2003, 15:45
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PaperTiger
 
Join Date: Mar 2001
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Know nothing of Colombian law, but from the sparse PRs it seems that AV has filed Ch 11 in the US. As such there would be no provision for seizure of assets - just the opposite in fact - which may be why they did it. I believe most if not all of their leased planes are US-owned.
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