Originally Posted by
True Blue
USD100M liabilities. That is a big sum for a small airline in the current economic climate.
Certainly a lot of money, but in airline terms True Blue this isn't big, considering it is less than the price of 2 new airbus 320s.
What matters is for they can finance their operation for the coming months until we can get through this awful period. The challenge is how investable the business is, and that hinges on securing the franchise for the next contract.