Voyager Aviation Holdings (VAH) has reached an agreement with Azorra Explorer Holdings (an affiliate of Azorra Aviation Holdings) (Azorra) to sell substantially all of VAH’s assets and for Azorra to assume and maintain ongoing employee and business arrangements with VAH’s employees and aircraft lessees. The agreement was announced at 10pm (UK) on Thursday 27th July 2023. VAH has filed for voluntary protection under Chapter 11 of the US Bankruptcy Code to “to execute an efficient and value-maximizing sale”. The parties have announced that VAH is entering Chapter 11 with a sale agreement with Azorra, a Chapter 11 plan and the

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