Originally Posted by
BoilerUP
Obviously a transaction as this gives the regional airline a bit of influence they otherwise wouldn't have...but that's not a heck of a lot different than the "liability" of influence that any lender has with any lendee.
The original point was that anyway you want to phrase it, both AWAC and RAH bought their way into a CPA. I think we agree on that. Furthermore, with regards to liabilities; with the statement above you not only confirm my point, but answer your own question. If you need to look any further than that, I suggest you recap the events that took place at Frontier post the financing offered by RAH, it really is that simple. My example as simplistic as it was for the sake of personal amusement, was spot on, you know it.
Stop being so dramatic, I called you out on your persistence in defending RAH's management point of view, which you're entitled to, but there's no need for you to turn into Woody Allen. You're going to get us in trouble with the mods.