View Single Post
Old 03-25-2016 | 08:01 AM
  #644  
Is offline
Dumb Pilot
 
Joined: Apr 2013
Posts: 784
Likes: 0
From: Broke
Default

Originally Posted by Tpinks
Delta can not just go and buy out republic holdings. They are not on the creditor board, therefore, any debt owed to delta will be dealt with after everyone else's is. Do you honestly think AA/UA is just going to let Delta come in without a fight?

There is a lot of information that is being ignored that is a part of this deal including slot leases and ground handling contracts. That 75 million could be tied with those deals.

There is a lot at play here and this is only from 1/3 of the partner airlines. There is still a lot to be seen.
You obviously don't know how DIP financing works.....

You can guarantee that delta will not give them 75 mil to kee flying for United and AA. If they accept the cash that flying will go away. That is their playbook all the way.
Reply