Philippine airline5 Sep 2021 21:24
Sept 3 (Reuters) – Philippine Airlines PHL.UL said on Friday that it has filed for Chapter 11 bankruptcy in the United States which will allow the airline to restructure and reorganize its finances impacted by COVID-19 crisis.
Rolls-Royce and Lufthansa Technik LUFT.UL are among the largest unsecured creditors in the company, according to the court filing.
Has this been factored in and what impact will it have on RR