Scambo is 100% correct shiznit. It's just painful for you to hear given your boundless love for ALPA. When management claimed during BK that industry revenues had been Permanently reset, and that is why snapbacks were impossible...ALPA's EF&A agreed. When management said snapbacks would prevent the company from accessing the capital markets, ALPA EF&A agreed.

We now see both were total BS. Yet EF&A missed it...almost as if they were representing management's interests.

Carl