Hello Bain, anyone home?
Surely a world savvy and experienced outfit would have considered the possibility, no probability of a second wave, third wave, spike or whatever that would effectively put an already hibernating market into a coma!
Or will they simply do what Gordon Gecko tried to do to Bluestar?
Unlike Bluestar, which was reference to Carl Icahn's job on TWA, I don't think there would be much to break up. It would be more a case of just walking away and liquidating the airline, where everyone gets zero except the staff who get paid by the government and secured creditors who get their assets.
However if they have deep pockets hanging on into next year might salvage something.