Piaggio Aerospace Declares Bankruptcy – Aeronautics Online

Piaggio Aerospace, the traditional Italian aircraft manufacturer, has filed for insolvency. The company, which was controlled by Abu Dhabi-based investment association Mubadala, declared bankruptcy on 22 November. According to Italian media, the decision wasnt made easy but was necessary for a complete restart. PiaggioAerospace needs to escape ongoing uncertainties stemming from its current financial situation.…

Waypoint Leasing Files Voluntary Chapter 11 to Further Restructuring Process – Business Wire (press release)

LIMERICK, Ireland–(BUSINESS WIRE)–Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, today announced that it and certain of its subsidiaries (collectively Waypoint or the Company) have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District ofNew York (the Court). Waypoint expects…

Almost 60000 in financial hardship defer property tax payments – Irish Times

Almost 60,000 people in financial difficulty have deferred property tax payments worth more than 7 million, according to the latest figures. Householders have delayed payment for numerous reasons including low income levels, current financial hardship, personal insolvency or as the personal representative of a deceased person. Social Democrats TD Catherine Murphy called on Minister for…

Economic revival – Pakistan Today

Still elusive The self imposed 100 days deadline almost over the PTI (Pakistan Tehreek-e-Insaf) led government is yet to get its act together. Especially on the economic front there is confusion worst confounded. The prime minister during the period has made quick dashes to Saudi Arabia, China, UAE and Malaysia ostensibly to get financial assistance…