Originally Posted by
AirportPlanner1
It’s a gamble and a half on account of where we are with Covid, but perhaps not as bonkers as it first looks. There are aircraft and crews sitting around all over the place which it must be assumed would now be available on much more favourable terms than was previously the case. There might even be a market for some subsidised flying from major hubs to slot-sit.
Is there precedent for an airline coming out of administration?
PanAm and Eastern to name two in the USA. Neither terribly successfully. Can't think of any resurrections in UK; in Belgium and Switzerland Brussels and Swiss were virtual reincarnations of Sabena and Swissair though.