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Latest Articles in restructuring

Gadkari Says Working To Reduce Road Accidents By 50 % Before 2024

The minister said that Intel has approached him with innovative solutions to avoid collision between vehicles and rash driving on city roads. 'We are planning to start the pilot project of this technology very soon

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Norwegian Air Posts $1.5 Billion Impairment Loss Amid Restructuring

Norwegian, which is negotiating terms with lessors so as to cut its fleet to 53 aircraft from 140 earlier, said its fleet had shrunk to 131 by the end of 2020.

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Lufthansa Warns Of Further Restructuring Costs In Fourth Quarter

The airline, which has already announced plans to cut 20% of its leadership positions and 1,000 administrative jobs, aims to slash 22,000 full-time jobs.

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Nippon Steel May Hasten And Extend Restructuring Measures

The world's third-largest steelmaker posted a net loss of 42 billion yen ($397 million) for the April to June quarter against a profit of 33 billion yen a year earlier, as shipments fell 23% on slumping demand from automakers and other manufacturers.

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The Art of Restructuring

Timely and proactive restructuring of stressed assets will also provide much-needed breathing room to the IBC to clear its large backlog - before a potential second wave from the impact of Covid19.

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Nissan Restructuring May Assume Cut Of 1 Million Cars To Annual Sales Target

Nissan has requested a $4.6 billion commitment line from major lenders to cushion the impact of the pandemic while it seeks to engineer the desperately needed turnaround

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