Originally Posted by
Noisecanceller
Do you really need a bankruptcy to shed a lease. Just stop paying it and let them repo it. If there wasn’t demand you could likely negotiate better terms. If there’s demand for the planes they can likely just give them keys and walk away.
yes. the company will get sued for every bit of money owed for the duration of the lease. if they don't pay the leasing company will declare them bankrupt in court. might be able to sub-lease depending in contract, but probably not