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02-13-2021 | 03:23 AM
#251
Line Holder
Joined: Oct 2018
Posts: 30
Likes: 0
The training department is pretty backed up with the recalls and upgrades. A lot of guys who have the first part of the month for training is going later in the month, so I bet they're backed up at least a month or a little more. Just give it time and it'll eventually happen.
02-13-2021 | 03:48 AM
#252
On Reserve
Joined: Dec 2019
Posts: 32
Likes: 0
The training department is pretty backed up with the recalls and upgrades. A lot of guys who have the first part of the month for training is going later in the month, so I bet they're backed up at least a month or a little more. Just give it time and it'll eventually happen.
03-01-2021 | 05:21 PM
#256
Gets Weekends Off
Joined: Jun 2019
Posts: 303
Likes: 1
lmao ya its in the creditors best interest to have AAG declare bankruptcy. What creditors? Airbus and Boring? What are they gonna do with 800 planes. Idk if you’ve looked around but planes aren’t going for much these days. The creditors want AAG to survive so that they have guaranteed income. If AAG goes bankrupt do you think they’ll be dancing and cheering at losing out on money?
Creditors get burned in bankruptcy. Bankruptcy favors the entity in debt usually. Creditors would rather AA lurch along and continue to make payments. And possibly avoid bankruptcy.
03-02-2021 | 04:59 AM
#257
Banned
Joined: May 2017
Posts: 2,012
Likes: 0
Not necessarily true
lets say you are a creditor on a loan that on paper is worth $100 million, but you bought it for $10 million. Looking at the current status of bankruptcy, you think you would get $15 million from the court.
lets say you are a creditor on a loan that on paper is worth $100 million, but you bought it for $10 million. Looking at the current status of bankruptcy, you think you would get $15 million from the court.
03-02-2021 | 09:41 AM
#258
Gets Weekends Off
Joined: Apr 2015
Posts: 2,923
Likes: 95
Yes, but usually in return the creditors can come out of bankruptcy with stake in the new entity hence wiping out all of the old stockholders.
03-02-2021 | 12:11 PM
#259
Gets Weekends Off
Joined: Feb 2012
Posts: 4,601
Likes: 0
From: CRJ FO
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