Originally Posted by
LAXtoDEN
They won’t let them use up half the 15B in liquidity, and you should know that. Restructuring can be beneficial for having a better position to thrive when the economy is fully running, filing Chapter 11 might not be the worst idea anyways. If it happens, it happens.
Thanks for the condescension, are you going to chirp at me every time I post something? If you look at what I said, I was pretty explicit that a bankruptcy with 15 billion in liquidity doesn’t make sense. Planning for later would make sense.
Profitability is not an issue without a pandemic, so that argument is moot. The business model is sound.