High Court of Ireland places CityJet in examinership

20 April, 2020

High Court of Ireland appointed KPMG as an interim examiner for CityJet to seek court protection due to financial difficulties brought about by COVID-19 (Irish Times/Irish Examiner/RTE, 17-Apr-2020). The Court accepted evidence that the airline has a reasonable prospect of survival if certain steps are taken, including restructuring and coming to new arrangements with creditors.