Quote:
Originally Posted by ToiletDuck
I don't think RAH wants any 50 seat lift as it's a dieing market. With Mesa they could more easily wait for them to go BK then use the Ejets of US Air.
After the F9 and Midwest debt hits your eyeballs will pop out.
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The way I understood the F9 deal is it is a bankruptcy exit plan, so after the initial payoff there is no more debt (except what F9 has accumulated in operations during bankruptcy.) Debtors seem to be getting about 10 cents on the dollar if RAH's plan is approved.