Old 03-05-2013, 04:52 AM
  #7  
CALFO
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Joined APC: Sep 2006
Posts: 621
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There seems to be a misunderstanding as to what backstop financing is or why CAL (or any other airline) would not want it. Here's an article from 2009 that explains backstop financing as well as the market conditions at the time

Aviation Today :: Airlines Need Manufacturer’s Financial Help
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