Originally Posted by
freezingflyboy
They'd also have significantly less cash on hand. And as anyone who bought a car they can't afford will tell you, you can't take a tire into the grocery store and buy a loaf of bread. Even leasing aircraft from CAL, cash flow is not a problem for XJT. Besides, having an asset to liquidate is only worth while if there is a market for said asset. And there ain't much of a market for 10 year old Jungle Jets. Here's my longshot: CAL pulls more flying, stock price slips further further, XJT gets bought by SWA and turned into SWExpress.
Those jets still have value. Why do you think CHQ has CRJ's now? Couldn't get anymore 145's and that's just on the US side of things. Countries around the world want those things. You could always purchase the aircraft then operate off loans taken on the collateral on those aircraft or release more stock.