Originally Posted by
bonvoyage
the whole place will likely fold soon! Losing 50million per quarter is not sustainable!! We’ve already burned through all of our startup cash and still losing!! Parking A220s for engine problems soon, and the Ejets are being removed!! So the massive growth plans have turned in to reducing fleet size!! Wow if you’re smart you would have left already!!!
If they have burned through all their cash they would have shutdown. The question is if and when they will seek additional funding and what terms they can get if capital is available.