I think it was more a case of IAG not wanting to buy, than NAS not wanting to sell. I hope they survive as his industry has had more than its share of pain. However, I just don’t see it. Investors don’t just pump money into a black hole. Rich people don’t get rich by backing bad companies just because they need cash. If they default in their banking issues this week, they will lose their lines of credit, fuel companies and airports will want payments upfront; and in quarters where cash ain’t flowin’, that’s bad news in this business.
i hope I’m wrong