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Nordic Aviation Group filed for bankruptcy

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On Friday, November 29, Nordic Aviation Group filed a petition with the court to declare Nordica and Xfly bankrupt. As of today, temporary receivers have been appointed for Nordica and the court has imposed a restriction on all transactions with Nordica's assets. In the near future, the court will also appoint a temporary bankruptcy administrator for Xfly.

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This press release was sourced from Nordica on 04-Dec-2024.