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Island Air gets expert help as it considers restructuring

All options, including a Chapter 11 filing, are being weighed before a possible sale

By Dave Segal

POSTED: 01:30 a.m. HST, Feb 06, 2013

~~<p>Island Air has hired a restructuring expert and a global law firm specializing in bankruptcies that could pave the way for the company to file for Chapter 11 reorganization.</p>
<p>Company spokesman Michael Rodyniuk, while acknowledging that &quot;anything's possible,&quot; said no bankruptcy is planned at this time.</p>
~~

Island Air has hired a restructuring expert and a global law firm specializing in bankruptcies that could pave the way for the company to file for Chapter 11 reorganization.

Company spokesman Michael Rodyniuk, while acknowledging that "anything's possible," said no bankruptcy is planned at this time. Login for more...



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