Originally Posted by
ToiletDuck
Perhaps you need to learn how a BK works. RAH isn't becoming a shareholder they are becoming a creditor. They want assets. You need to go take a look at how RAH got the 170s in the first place.
When US Air went into BK RAH gave US Air DIP financing just like here. They managed to secure assests by doing it which were the 170(or 175s I can't remember which one we fly for them) along with the gates in DCA. Later they turned around and now lease the gates back making good money. Let the rumors fly on if RAH is after aircraft lol.
There's one thing Bedford is good at and that's making money. Whether or not these decisions will end up being good/bad for the employment group who knows but the man does know how to put money in the company's wallet.
I typed that before I heard the news. I am sure RAH will get some money out of it now, whether F9 succeeds OR folds. They weren't going to get any otherwise. I didn't even think about RAH loaning money to Frontier since they were already off the property. Ol' BB is a smart dude!