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Old 25th May 2020, 13:06
  #1261 (permalink)  
Join Date: Dec 2000
Location: LA, Cal, USA
Posts: 282
To me it would make more sense to run this through receivership as this will mean asset pricing lower than any deal brokered by Deloittes under administration.

The other big attraction is that the debt will be quarantined to the current entity in this scenario.

The other point claimed is that the staff may be able to veto any deal made under administration. I don’t know whether that is factually correct. If it is, that may further complicate an already messy situation.

Whatever happens, there will be a new airline at the end of it.
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