Arrow Air

Division: Phoenix Capital Resources, Phoenix Management Services


Client

Arrow Air was an international freight airline based in Miami, FL.

Problem

Arrow Air filed bankruptcy for the second time in several years. The Company’s liquidity position required that it emerge from bankruptcy in less than 90 days.

Solution

Phoenix Management Services was engaged as Arrow Air’s financial advisor. Phoenix assisted the Company with establishing a business model and negotiate with constituents to allow it to confirm its plan of reorganization in less than 90 days from the filing of its bankruptcy petition.