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Old 21st Nov 2020, 15:29
  #947 (permalink)  
Kirks gusset
 
Join Date: Nov 2002
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The lease payments were changed to PBH in the May bail out, not sure what's left to be negotiated, other than fly for fee.

Deferring loan payments, guess that's up to the Banks and the government of Norway, but the loan payments have already been deferred once from Dec to March.

Cancelling future orders, already done, but at legal stages with Boeing regarding payback of prepayments and compensation, that case likely to last a year.

The good thing is that the Court have identified the liquidation would just leave huge debt, nothing for creditors so anything better than that is a bonus and helps the process.

Key to this is external investment, no investment, no happy ending
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