Originally Posted by
FlyFlorida2025
You are 100% incorrect. There is nothing farcical about it.
the fact that it is unsecured makes it a farce. Unsecured debt is last on the list and if there’s no money left…well…too bad. That and the fact that it is written as having a stake in the airline’s survival. Does that include acquisition? The language is important and admittedly, I don’t know that.