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Old 23rd Nov 2020, 10:05
  #17 (permalink)  
WallyDunc
 
Join Date: Jun 2014
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Originally Posted by minigundiplomat
No, apart from not paying the leasing company for several months, apart from lying to the leasing company (and other creditors), apart from telling all the staff the leasing company are going to give you the tens of millions in maintenance reserves back as liquidity, apart from lying to the main corporate clients, apart from letting the chairman of the board run the place by proxy whilst he waits for his embezzlement trial, apart from running sales when every flight had to break even to slow down cash burn. Apart from all the other stuff that doesn't really need to be aired, yep, definately not bad management.
No way would DAE return maintenance reserves if they aren’t being paid leases.
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