Originally Posted by brewster

naaa, it doesnt matter if the airline is operating. But KH has put themselves out for sale. My guess is to avoid going into BK again. And for a sale it does matter because there are no assets to purchase only the debt. I dont know a sane person that would buy a debt to get leased aircraft or leased anything for that matter. All there is to purchase beside the debt is the 727 fleet and there is not an operator outside 3rd world countries that are buying them. And if there were, UPS and FedEx is shedding them like last winters coat and my guess is they are in better shape and newer than the KH 72's. The only thing left is the sort center as an asset. For what its worth.