Originally Posted by
JulesWinfield
I don't think Ted is the guy to do it, but I see a path forward if they can refinance their debt that is due late next year, and scale down the operation, and get aircraft utilization up.
utilization is already up due to all the A/C being down. Demand is low and it's not coming back anytime soon. We can't make money now so pushing debt off that's due next year doesn't do much for the current burn.