Originally Posted by
non_state_actor
That is my understanding of it. If more than 50% of the first group vote for the proposal and more than 50% of the value group vote against it then it reverts to the chairman of the meeting. I don't understand how having a second option on the card actually matters, unless there are issues with dilution of the vote and how that may change the outcome. I guess if the populous vote for option 1 and those who hold the value vote for option 2 which option should the chairman pick and why? That might be a concern.
Its got to come down to 2 things, surely, who can slash as much debt off the $6.8billion as possible and between $605 million in flight credits and a stuffed domestic market for the next however long, who can withstand next to no cashflow for a good long while.