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Old 03-03-2016 | 12:57 PM
  #357  
FirstClass
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Originally Posted by Is offline
You are living Ina fantasy land. No bankruptcy is surgical. They will try to negotiate with their partners and in the end they will come for the contract. They have to prove the companies path to the court and it's not going to happen on renegotiated CPA's.

I ask what company you think would want to purchase that disaster? Any that can afford it want nothing to do with it.
That's not true. The quickest bankruptcies on record are companies that did what is called a "prenegotiated bankruptcy". Although that doesn't apply here, all parties involved have much to gain if this is done right and much to lose if it is not.

Who would purchase? United would be my first thought although they are on record many times as having no interest in owning contract flying, but times change.
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