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Old 07-22-2013 | 06:58 AM
  #10  
Climbto450
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Joined: Jan 2008
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Originally Posted by ShyGuy
VX doesn't own the planes, they are leased. Some of those leases are actually due up in the next year. Even if VX was to fold, the leasing companies would get the airplanes back to re-lease elsewhere or sell them. It's not like VX owns planes that can be sold for "pennies" on the dollar. You are thinking more of what happens to a public company when they start Chp 7 liquidation with airplanes they own. Nice try though.
I was quoting our COO it isn't my opinion on the VX comment.
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