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Old 20th Oct 2020, 03:52
  #4382 (permalink)  
Richard Dangle
 
Join Date: Nov 2019
Location: Scotland
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If you step back from a purely aviation perspective, the business opportunity here is quite clear.

At a time when many of your competitors are struggling with all manner of debt to manage, you bring a business back to the market place unecumbered with debt, a clean start, and as a bonus various parts of the business already set up and ready to go. Hopefully at the beginning of an industry upswing. And possibly with sympathetic regulators, goverment support looking to promote industry growth.

A certain Scottish football team went down this route eight years ago, getting all manner of regulatory punitive punishments and relegation to the bottom league, but in the process divested itself of the bulk of its debt. Eight years on said club, back on top of the top league.

I'm not dumb; I get a football club and an airline are worlds apart; I'm just pointing out the opportunity here.

Early days, lots to do and obviously a bit of a punt...all of which applies to all businesses at some stage.

PS And no I don't support Glasgow NewCo
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