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Braathens Regional Airlines enters financial reorganisation
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Braathens Regional Airlines enters financial reorganisation
BRA - Braathens Regional Airlines (Stockholm Arlanda) and its subsidiary BRA - Braathens Regional Airways have entered financial restructuring, a process under Swedish law resembling the United States' Chapter 11, to "safeguard" the future of its ATR - Avions de Transport Régional operations after the company filed for the bankruptcy of its Airbus-operating entities a week earlier. The companies secured the approval from Solna District Court, th…
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