The plan going forward
07-17-2024 | 11:01 AM
#275
Line Holder
Joined: Sep 2021
Posts: 297
Likes: 31
I heard they already turned down Ted. Possible that they came back to the table though 🤷♂️
07-17-2024 | 12:51 PM
#276
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
07-17-2024 | 12:52 PM
#277
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Well, product doesn’t matter because the product would be changed to the acquiring carrier. Airplanes…..some NEOs would be the tits!
07-17-2024 | 12:56 PM
#278
Gets Weekends Off
Joined: Jan 2018
Posts: 2,838
Likes: 278
The plan: Pay themselves bonuses while they continue to get caught with their pants down.
07-17-2024 | 01:53 PM
#279
Gets Weekends Off
Joined: Nov 2005
Posts: 2,710
Likes: 51
The amount of debt a merging carrier would have to assume at this point is cost prohibitive.
if they can figure out the debt maybe, or a capture 11 reorganization then merger.
Remember all the legacies consolidated post C11
if they can figure out the debt maybe, or a capture 11 reorganization then merger.
Remember all the legacies consolidated post C11
07-17-2024 | 02:58 PM
#280
That/It/Thang
Joined: Aug 2020
Posts: 3,501
Likes: 367
Ch11 has to happen and will happen. They can’t continue to urinate through the small liquidity they have and force a call on the debt.
They will file and ironically filing CH11 is probably the best chance to avoid liquidation.
They will file and ironically filing CH11 is probably the best chance to avoid liquidation.
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