Originally Posted by
taketheshot
i think his point is that the bank wouldn’t agree to continue letting nk operate at all if there wasn’t some hope on the horizon to get their money back. Whether that’s good for the pilots is another story.. is it’s an acquisition? Those aircraft finally sold? Some other event that will increase liquidity, none of us know but there must be something that motivated them to make a deal rather than pull the plug completely. They have no goodwill for NK they just want their money.
What happened would be like if you got laid off and that evening went and maxed out your credit card cash withdrawal limit. It doesn't mean squat except Spirit has now maxed out their credit limit.