I got smashed earlier for suggesting that the airline may ultimately end up being 30% of its current size and that the redundancy expectations might be a little optimistic. Right or wrong I stand by that and frankly it may be coming to fruition given the actual reality of the situation (as much as we all like to ignore that). But Im just wondering could the company take the opportunity to place itself in voluntary liquidation and simply set aside existing creditors and more importantly unfavourable union agreements etc? Genuine question and I dont know the answer, Lets face it there is more at stake here than just the pilots who will ultimately become one of the the biggest cost going forward if this doesn't get this sorted.