CityJet, the Irish airline, is working with accountants Deloitte as it attempts to agree a deal with its creditors and lenders following the grounding of its fleet as a result of the Covid-19 crisis. Talks are now at a delicate stage, as the company seeks to work out a deal over phased reorganisation of its borrowings and lending commitments. The international airline industry has been massively impacted by the crisis, with airlines around the world scrambling to secure deals with financiers and backers. CityJet is now engaged in in-depth negotiations with banks and lenders and has retained Deloitte to carry…

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