If a company cannot pay its wages for a month does that mean by definition that it is insolvent or is it more complex than that?
Icarus, I am sure you are smarter than you pretend... but if a company cannot pay its debts as and when they fall due, it is trading insolvent.
Most GA companies are in this boat and paying their accounts 30-60 days late but at least we get our wages paid. My thoughts with the mates at JetGo, I know many of them have held concerns for a long time.