Forum Support Old55 Posted September 5, 2021 Author Forum Support Posted September 5, 2021 21 minutes ago, Mike J said: You cannot "meet all obligations" and at the same time eliminate "US$2 billion permanent balance sheet reductions". Fancy language that says the primary lenders are taking a HUGE haircut. And will once again end up with "white tails" or spin off into another airline. Link to comment Share on other sites More sharing options...
Jollygoodfellow Posted September 5, 2021 Posted September 5, 2021 5 hours ago, Old55 said: And will once again end up with "white tails" or spin off into another airline. Many airlines have closed up so all expected. Cant make money with travel restrictions'. 3 Link to comment Share on other sites More sharing options...
baronapart Posted September 5, 2021 Posted September 5, 2021 22 hours ago, OnMyWay said: This has been rumored for a while, maybe even here on the forum. And they owe a lot of people refunds. People have complained that refunds take forever. I wonder if these refunds are a large liability on the books that can be swept away. We were lucky to get ours April/May 2020. 2 Link to comment Share on other sites More sharing options...
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