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Old 28th May 2020, 04:58
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DanV2
 
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Originally Posted by neville_nobody
No it could be sold tomorrow if the Administrator so desired. They won't because the last thing they need is more competition.
They'd also be buying TT's 'debts', liabilities and balance sheet with the AOC.

Considering that TT was operating as a separate structure under VAH, the debts that were accumulated in the books under TT will be transferred to the 'new owner' of TT's AOC if an interested party was to 'buy' the TT AOC.
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