Originally Posted by
Big E 757
How many have gone BK? LATAM is the only one I’m aware of. And I haven’t heard that we lost any of our investment. As long as they remain viable, I would imagine they are going to need us during the recovery. And they probably still want us to take the remaining A350’s so they’ll need to play nice.
LATAM and AeroMexico on this side of the ocean.
Virgin Atlantic went into the UK version called “administration” I’m not up to snuf on how the Brits do it, but my understanding is Delta had to dump money into VS just keep a seat at the table.
Edit: Virgin also filed bankruptcy in the US in August to protect its US assets and deal with creditors on this side of the pond.