Originally Posted by
ozbiggles
Oh no, another failed office update.
How stupid would it be not to have an asset making money in a distressed company. The bidders would love it, it’s money in the bank. Maybe a change of name to blue screen of death?
They have pulled out of numerous routes (APW/TBU/RAR/POM etc), PS himself has said they have surplus aircraft to their future needs.
They've just offloaded five ATRs... And clearly the creditors are trying to 'right size' the business of offload leases where they can.