John F got out of flying a few years back.
The 1.45 mil is the amount being alleged that is owed by Direct air for Breach of contract. the services weren't performed , so no way it is on the balance sheet. they flew 570k of the contract and Pace was Paid. when WCR's team came in they looked at the language, consulted their attorney and I reckon they thought they have a case. Direct says no way. if the contract said 300s or 500s, then no way Pace wins this.