Originally Posted by
DarkSideMoon
You can’t just hand wave away a contract though....
Unless you own/control the regional you’re trying to mothball.
let’s say united wants to kill Air whiskey. They claim a contractual right to cease all flights on 14 days notice and withhold payment based on some breach. It’s tenuous claim but all of a sudden they have zero cash flow. Chapter 7, done.
a contract is only worthwhile if you can fund and survive a lawsuit