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I can speak for YX and say they're currently negotiating a valuation of the company and waiting for our stakeholders to approve a change to our bylaws that allows us to issue an equity stake to the Treasury.
There's almost always a way.
I don’t know either, but people running around saying that XJT will be around as long as United is are selling a false hope. XJT could survive, thrive, or fail during this mess. With the comments made by United about 50 seat flying, and the devastating impact on the airlines that this pandemic has caused, XJT is far from a sure bet.Originally Posted by Longhornmaniac8
I don't have a direct answer to this, but take a step back and approach it from a pragmatic perspective. If there wasn't a way, would they still be in negotiations nearly 3 weeks later? Conventional wisdom would dictate at this point it's the details being sorted out, not the basic question of if.I can speak for YX and say they're currently negotiating a valuation of the company and waiting for our stakeholders to approve a change to our bylaws that allows us to issue an equity stake to the Treasury.
There's almost always a way.