Summary
UP TO 50 executives at MyTravel are to be given a 5.6% stake in the troubled tour operator, but only if its controversial Pounds 1.3 billion debt restructuring goes through.
The former Airtours group, struggling to persuade its bondholders to support the scheme, warned today it could lose its licence from the Civil Aviation Authority - forcing it to cease trading - unless the restructuring goes ahead.See the full content of this document
Extract
Stake Scheme for Mytravel Execs
It also repeated its threat to take t...
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