Just a few problems with that logic:

1. Millions of dollars in debentures payable in June.
2. Pending lawsuit from Aloha.
3. Major problems with Delta, possible code share loss, spelling out the possible end to Freedom.
4. JO unable to unload unprofitable CRJ 200's on the Chinese.
5. 55 million due out to last law suit.
6. No one to unload the ERJ 145's that were based in JFK.
7. Fuel and market instability risk, in combination with all of the above, combined with high pilot attrition rate.

What do you think is going to happen?