Originally Posted by
Aquapilot
Mesa is in Chap 11......Leasing companies can demand all they want and it is useless unless the court see's its in the best interest of the creditors to repair those engines........if Mesa spends money....that they do not have....to TBO those engines.....it adds more dept....which can be written off......however, when the debt exceeds the assets....liquidation becomes obvious
You cannot get blood from a Rock....I think someone has already mentioned that....make all the demands you want.....as Mesa is under the protection of Federal BK laws.
No engine shop will give a BK court credit!! ????????????? Mesa can not spend its money for a while. Can the engines in question be taken off aircraft in service??